05:38 PM EST, 11/05/2025 (MT Newswires) -- SunOpta ( STKL ) was last seen down 7% in after-hours Nasdaq trade after the company on Wednesday said its third-quarter earnings more than tripled from a year earlier, driven by strong volume growth across its beverages, broths and fruit-snacks portfolio, but lowered some guidance targets.

The company said its adjusted earnings, excluding most one-time items, rose to US$6.0 million, or US$0.05 per share, in the quarter, up from US$1.8 million, or US$0.02, a year earlier. The result beat the US$0.03 per-share estimate compiled by FactSet.

Revenue climbed 17% to US$205.4 million from US$175.9 million in the same period last year, exceeding the US$195.5 million consensus estimate, according to FactSet.

Adjusted EBITDA increased 13% to US$23.6 million compared to US$20.8 million in the same period in 2024.

SunOpta ( STKL ) updated its 2025 outlook, raising revenue guidance to between US$812 million and US$816 million from US$805 million to US$815 million and lowering adjusted EBITDA expectations to US$90 million to US$92 million from US$99 million to US$103 million, while introducing a 2026 forecast calling for $865 million to $880 million in revenue and adjusted EBITDA of $102 million to $108 million.

"We delivered outstanding revenue growth in the third quarter and affirmed the strength of our competitive position, the diversity of our revenue streams and the robust demand across our portfolio," said Brian Kocher, Chief Executive Officer of SunOpta ( STKL ). "During the quarter, the combination of category tailwinds and several pipeline opportunities, that were originally anticipated for 2026, accelerated our revenue growth resulting in a 17% volume increase."

Shares of the company were last seen down US$0.37 to US$4.89 after hours. They closed down $0.02 to $7.44 on the Toronto Stock Exchange.