Alico Q3 net income swings to USD 2.1 million; revenue rises 7.7% to USD 9.04 million
Reuters2026/08/10 20:17- Alico posts Q3 net income of USD 2.13 million, swinging from a loss; revenue rises 7.7% to USD 9.04 million.
- EBITDA drops 76% to USD 4.6 million; operating cash flow edges up 1.6% to USD 7.14 million.
- Cash climbs to USD 55.58 million; net debt falls to USD 29.83 million from USD 47.42 million at Sept. 30, 2025.
- Signed an agricultural lease for about 3,280 acres with a USD 29.5 million purchase option; completed USD 10 million buyback of 245,000 shares.
- Raised FY2026 adjusted EBITDA outlook to about USD 15 million, projecting cash near USD 48 million and net debt around USD 37 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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