Mission Produce shares tumble after report of Q1 losses
IN THIS ARTICLE
- Agribusiness Topic
- Jorge Mercado Author
By Jorge Mercado Thursday, March 10th, 2022
Shares of Oxnard-based Mission Produce slipped 13.4% in after-hours trading March 10, following the company’s release of its financial results for the first quarter of its 2021-22 fiscal year, in which the global avocado producer failed to turn a net profit and missed analysts’ expectations. Mission Produce was able to generate revenue of $216.6 million…