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SunOpta Down 3.3% After Hours on a Mixed Performance For Its Q4 Earnings
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SunOpta Down 3.3% After Hours on a Mixed Performance For Its Q4 Earnings
Feb 26, 2025 3:08 PM

05:39 PM EST, 02/26/2025 (MT Newswires) -- SunOpta ( STKL ) was last seen down 3.3% in after-hours Nasdaq trading after the company on Wednesday delivered a mixed performance on earnings for the fourth quarter, though revenues were higher, while the company introduced its outlook for fiscal 2025 and said it continues to expect strong growth in revenue and adjusted EBITDA.

Adjusted earnings from continuing operations, excluding most one-time items was US$7.6 million compared to $4.5 million in the prior-year period. But its loss from continuing operations was $4.6 million compared to a loss of $3.0 million in the prior year period

Revenue of $193.9 million increased 8.9% from $178.1 million in the prior-year period, driven by 12.8% volume growth partially offset by a 2.1% price reduction for pass-through commodity pricing.

"We delivered another solid quarter led by double-digit volume growth reflecting broad strength across our portfolio," said Brian Kocher, Chief Executive.

The company's shares were last seen down $0.24 to $7.39 after hours. They closed up $0.04 to $10.34 on the Toronto Stock Exchange.

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