Barfresh Begins Selling "Pop & Go" 100% Juice Freeze Pops And Confirms Q3 Revenue Of Over $3.6M; Will Start Generating Revenue From Pop & Go In Q4 2024; Continues To Expect To Achieve Record Annual Revenue In Fiscal Year 2024 And YoY Margin Improvement
Portfolio Pulse from Benzinga Newsdesk
Barfresh Food Group, Inc. (NASDAQ:BRFH) has launched its new 'Pop & Go' 100% juice freeze pops, targeting the education sector. The company reported a record Q3 revenue of over $3.6 million, a 40% increase from last year, and expects to start generating revenue from 'Pop & Go' in Q4 2024. Barfresh anticipates record annual revenue and improved margins for fiscal year 2024.
October 07, 2024 | 12:46 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Barfresh Food Group, Inc. has launched 'Pop & Go' juice pops and reported a record Q3 revenue of over $3.6 million, a 40% increase from last year. The company expects to start generating revenue from 'Pop & Go' in Q4 2024 and anticipates record annual revenue and improved margins for fiscal year 2024.
The launch of 'Pop & Go' and the record Q3 revenue indicate strong growth potential for Barfresh. The expected revenue from 'Pop & Go' in Q4 2024 and anticipated record annual revenue suggest a positive outlook for the company's financial performance, likely boosting investor confidence and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100