Village Farms International

Village Farms reported adjusted earnings of $0.06 per share for Q2 on revenue of $64.0 million, beating analyst estimates of $0.02 and $56.3 million. Drivers included cannabis revenue of $53.5 million, an expanded gross margin in the cannabis segment to 51%, and a 74% increase in international export sales (strong growth in Germany). Management expects completed capital expenditures to bolster free cash flow in H2 2026; the stock rose sharply in pre-market trading. » Más en de.investing.com

Village Farms announced a registered direct placement of 7.5 million common shares to raise roughly $15 million, after which the stock fell about 8.9% in premarket trading. Upon closing, expected around June 8, a total of 121,811,130 common shares would be outstanding, representing dilution for existing shareholders. The company said it will use the net proceeds for working capital and general corporate purposes; cash stood at $55 million at the end of Q1 2026 and A.G.P. is acting as sole placement agent. » Más en de.investing.com

Village Farms reported revenue of $50.24 million in Q1 2026 (+27% year-on-year) and met expectations with EPS of $0.02. Adjusted EBITDA rose 118% to $9.9 million, and net income was $2.7 million versus a loss in the prior year. Operating cash flow was negative due to tax payments; a $10 million share buyback program was completed. Management expects EPS of $0.03–$0.05 for upcoming quarters and continues to see growth drivers in the cannabis segment and exports. » Más en de.investing.com