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Local Bounti Corporation (LOCL) Full Year 2022 Earnings Call Transcript
Local Bounti Corporation (LOCL) Full Year 2022 Earnings Call Transcript
Local Bounti Gets New Financing Totaling $145 Million; Shares Rise
11:35 AM EDT, 03/29/2023 (MT Newswires) -- Local Bounti (LOCL) said Wednesday it closed new financing totaling $145 million, from two sources. The first funding is an amendment to a credit facility fr
Local Bounti Shares Rise 38% After Securing Additional Financing
By Chris Wack Local Bounti Corp. shares were up 38% at 62 cents Wednesday after saying it secured up to $145 million of new financing. The Hamilton, Mont.-based company said the new financing comes
Local Bounti GAAP EPS of -$0.30 Misses by $0.03, Revenue of $6.64M Misses by $0.84M
Earnings Flash (LOCL) LOCAL BOUNTI Reports Q4 Revenue $6.6M, Vs. Street Est of $7.5M
07:21 AM EDT, 03/29/2023 (MT Newswires) -- Earnings Flash (LOCL) LOCAL BOUNTI Reports Q4 Revenue $6.6M, vs. Street Est of $7.5M
Local Bounti Q4 EPS $(0.30) Versus $(0.44) Last Year, Sales $6.64M Up From $314K Prior Year
Local Bounti (NYSE:LOCL) reported quarterly losses of $(0.30) per share versus losses of $(0.44) per share in the same period last year. The company reported $6.64 million in sales this quarter.Â
Local Bounti Has Secured Up To $145M Of New Financing Across Two Sources To Support Its Growth Plans And Immediate Efforts To Increase Production To Meet Accelerating Demand
Amended agreement with Cargill provides additional $110 million to fund construction at Georgia, Texas and Washington facilitiesSigns sale-leaseback transaction for $35 million.Local Bounti entered in
Local Bounti: Financings Provide $50M of Cash to Balance Sheet for Operations >LOCL
Local Bounti: Financings Provide $50M of Cash to Balance Sheet for Operations >LOCL
Local Bounti 4Q Loss/Shr 30c >LOCL
Local Bounti 4Q Loss/Shr 30c >LOCL
Local Bounti Secures Up to $145M of New Relatives to Support Growth >LOCL
Local Bounti Secures Up to $145M of New Relatives to Support Growth >LOCL
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