Farmer Brothers Co. second quarter profit decreases dramatically with slight revenue increase.
From Nasdaq: 2025-02-06 17:19:32
Farmer Brothers Co. reported a decrease in profit for the second quarter, with earnings totaling $0.21 million or $0.01 per share, down from $2.70 million or $0.13 per share last year. However, the company’s revenue for the period increased by 0.6% to $90.02 million from $89.45 million last year. The company’s earnings at a glance (GAAP) show a significant difference compared to the previous year: Earnings of $0.21 million versus $2.70 million, EPS of $0.01 versus $0.13, and revenue of $90.02 million versus $89.45 million.
Read more at Nasdaq: Farmer Brothers Co. Bottom Line Declines In Q2