From Financial Modeling Prep: 2025-05-05 13:06:00

Freshpet (NASDAQ: FRPT) reported disappointing first-quarter results, posting a loss of $0.26 per share, missing analyst expectations of a $0.15 profit. Revenue also fell short at $263.2 million compared to the $265.01 million consensus. Despite this, adjusted EBITDA increased 16% to $35.5 million, with gross margin improving to 45.7%.

However, Freshpet reported an operating loss of $11.5 million, swinging from a profit of $8.46 million last year. Analysts expected a return to profitability with $8 million in operating income. The company also lowered its 2025 revenue forecast to $1.12 billion to $1.15 billion, down from the previous outlook of $1.18 billion to $1.21 billion.



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