VITL - Vital Farms GAAP EPS of $0.16 beats by $0.11 revenue of $119.17M beats by $15.41M
2023-05-04 07:30:26 ET
- Vital Farms press release ( NASDAQ: VITL ): Q1 GAAP EPS of $0.16 beats by $0.11 .
- Revenue of $119.17M (+54.6% Y/Y) beats by $15.41M .
- For the full fiscal year 2023, management is maintaining guidance for net revenue of more than $450 million, expecting higher net revenue growth rates and gross margin in the first half than in the second half of the year.
- Management is also maintaining guidance for Adjusted EBITDA of more than $30 million for the full fiscal year 2023, expecting Adjusted EBITDA in the first half likely to exceed Adjusted EBITDA in the second half of the year.
- Finally, management continues to expect fiscal year 2023 capital expenditures in the range of $25 to $30 million.
For further details see:
Vital Farms GAAP EPS of $0.16 beats by $0.11, revenue of $119.17M beats by $15.41M