Overview

* Innovative Food Holdings ( IVFH ) Q3 revenue grows 3.5% yr/yr, driven by acquisitions

* GAAP net income from continuing operations declines compared to Q3 2024

Outlook

* Company did not provide specific financial guidance for future periods in press release

Result Drivers

* ACQUISITIONS DRIVE REVENUE - Revenue growth in Q3 was primarily driven by contributions from Golden Organics and LoCo Foods acquisitions

* DIGITAL CHANNELS DECLINE - Revenue from Digital Channels declined by 4.5% in Q3, attributed to softness with the largest digital partner, though newer partnerships showed growth

* LOCAL DISTRIBUTION GROWTH - Local Distribution increased by 33% in Q3, driven by acquisitions, but declined by 21.5% excluding acquisitions

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $16.40

Revenue mln

Q3 Gross 23.50%

Margin

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)