MGP Ingredients, Inc. (NASDAQ: MGPI) Faces Investigations Amid Financial Concerns
From Financial Modeling Prep: 2024-10-31 00:03:38
MGP Ingredients, Inc. (NASDAQ: MGPI) fell short of earnings expectations, reporting $1.07 per share versus the expected $1.27, with revenue slightly below forecasts. Law firms like Levi & Korsinsky are investigating potential securities law violations following MGPI’s revised 2024 guidance. The company’s financial health is under scrutiny, with a low debt-to-equity ratio but cautious investor sentiment.
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