Calavo Growers (CVGW) Misses Q1 EPS by 3c
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Calavo Growers, Inc. Announces Sharply Higher Fiscal 2015 First Quarter Results
March 6, 2015 9:00 AM ESTFirst Quarter Highlights Include:
Revenues Increase 15.8 Percent to $194.8 Million from $168.2 Million Last Year Gross Margin Rises to $17.8 Million, a 30.5 Percent Advance from $13.6 Million in Year-Earlier Initial Quarter Net Income Grows to $5.3 Million Versus a Net Loss of $1.8 Million One Year Earlier (Which Included Renaissance Food Group, LLC Non-Cash Operating Expenses of $5.4 Million; Excluding Amount, Fiscal 2014 Net Income Totaled $4.0 Million) Earnings Per Share Equal 31 Cents Which Compares with a Net Loss of 11 Cents in Last Years First Quarter (Which Included Non-Cash Operating Expense of 34... More