Village Farms Says Continue To Track Toward Goal Of Achieving Positive Adjusted EBITDA For The Full Year
Portfolio Pulse from Benzinga Newsdesk
Village Farms has announced that it is on track to achieve its goal of positive adjusted EBITDA for the full year.
August 09, 2023 | 11:10 am
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POSITIVE IMPACT
Village Farms' announcement of tracking towards its goal of positive adjusted EBITDA for the full year could boost investor confidence.
Positive adjusted EBITDA is a key financial metric that indicates a company's profitability before interest, taxes, depreciation, and amortization. This announcement could be seen as a positive sign by investors, potentially leading to an increase in the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100