VFF - Village Farms EPS beats by $0.10 misses on revenue
Village Farms (VFF): Q4 GAAP EPS of $0.11 beats by $0.10.Revenue of $47.36M (+43.3% Y/Y) misses by $6.62M.CEO comment: "We are building on this momentum in 2021 with plans to start cultivation in our Delta 2 greenhouse in the second half of the year to meet the strong and growing demand for Pure Sunfarms' products, as we continue to enhance and expand our offerings to participate in, and help drive the growth of, the Canadian cannabis market. We look forward to continued growth in branded retail sales in 2021 and we are opportunistic with respect to sales to other producers as many of them look to Pure Sunfarms as an economic source of consistent, high quality flower."Shares -1% PM.Press Release
For further details see:
Village Farms EPS beats by $0.10, misses on revenue