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Edible Garden Announces Pricing of $6.0 Million Public Offering
globenewswire.com· 2024-05-22 13:15
BELVIDERE, NJ, May 22, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the "Company") (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced the pricing of a public offering of an aggregate of 2,655,000 shares of its common stock (or pre-funded warrants in lieu thereof), Class A warrants to purchase up to 2,655,000 shares of common stock, and Class B warrants to purchase up to 2,655 ...
Revenue Growth and Short Squeeze Hopes Supercharge Edible Garden (EDBL) Stock
InvestorPlace· 2024-05-15 15:04
Edible Garden (NASDAQ:EDBL) stock is in the rise Wednesday alongside a strong Q1 earnings report and a potential short squeeze of its shares. Edible Garden's Q1 earnings report includes revenue of $3.1 million. While that's below Wall Street's estimate of $3.2 million, it still represents a 27.6% increase year-over-year. Edible Garden CEO Jim Kras said the following about the company's Q1 performance. "We have achieved consistent top-line revenue growth over recent quarters, and more importantly, have incre ...
Edible Garden AG rporated(EDBL) - 2024 Q1 - Earnings Call Transcript
2024-05-15 13:47
Edible Garden AG Incorporated (NASDAQ:EDBL) Q1 2024 Earnings Conference Call May 15, 2024 8:00 AM ET Company Participants Ted Ayvas - Investor Relations Jim Kras - Chief Executive Officer Kostas Dafoulas - Interim Chief Financial Officer Conference Call Participants Anthony Vendetti - Maxim Group Operator Good morning and welcome to the Edible Garden First Quarter 2024 Business Update Conference Call. At this time all participants are on a listen-only mode and we will open for questions following the presen ...
Edible Garden stock nearly doubles on Q1 earnings report
Invezz· 2024-05-15 13:32
Edible Garden AG Inc (NASDAQ: EDBL) nearly doubled in premarket on Wednesday after reporting a significantly year-over-year increase in its first-quarter revenue. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. Edible Garden CEO on Q1 earnings Copy link to section The organic food company saw its revenue come in at $3.1 million in Q1 that translates to a near 28% increase versus last year. $EDBL attributed the strength to customer demand and expansio ...
Edible Garden AG rporated(EDBL) - 2024 Q1 - Quarterly Report
2024-05-15 11:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-41371 EDIBLE GARDEN AG INCORPORATED (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 85-0558704 ( ...
Edible Garden AG rporated(EDBL) - 2024 Q1 - Quarterly Results
2024-05-15 11:10
Edible Garden Reports Significant 27.6% Year-Over-Year Revenue Growth for First Quarter of 2024 EX-99.1 2 edbl_ex991.htm PRESS RELEASE EXHIBIT 99.1 195.8% Gross Profit Increase in Q1 2024 with Gross Margin Increasing by 171 Basis Points 95% of Edible Garden Fresh Product Line Being Produced at Company-Owned Facilities - Strategic Pivot Away from Third-Party Growers Marks a Turn Toward Higher Expected Profits Vertical Integration Expected to Pay Of - Company Plans to Boost Margins in the Coming Quarters Conf ...
Edible Garden Reports Significant 27.6% Year-Over-Year Revenue Growth for First Quarter of 2024
Newsfilter· 2024-05-15 11:00
195.8% Gross Profit Increase in Q1 2024 with Gross Margin Increasing by 171 Basis Points 95% of Edible Garden Fresh Product Line Being Produced at Company-Owned Facilities - Strategic Pivot Away from Third-Party Growers Marks a Turn Toward Higher Expected Profits Vertical Integration Expected to Pay Off - Company Plans to Boost Margins in the Coming Quarters Conference Call to Be Held Today at 8:00 am ET. BELVIDERE, N.J., May 15, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the ...
Edible Garden Schedules First Quarter 2024 Financial Results and Business Update Conference Call
GlobeNewsWire· 2024-05-08 13:00
BELVIDERE, NJ, May 08, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products, announced today that it will host a conference call on Wednesday, May 15, 2024, at 8:00 AM Eastern Time to discuss financial results for the quarter ended March 31, 2024, and provide a business update. The conference call will be available via telephone by dial ...
Edible Garden Schedules First Quarter 2024 Financial Results and Business Update Conference Call
Newsfilter· 2024-05-08 13:00
BELVIDERE, NJ, May 08, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products, announced today that it will host a conference call on Wednesday, May 15, 2024, at 8:00 AM Eastern Time to discuss financial results for the quarter ended March 31, 2024, and provide a business update. The conference call will be available via telephone by dial ...
Edible Garden Announces Product Development Agreement with Hermann Pickle Company
Newsfilter· 2024-05-07 13:00
R&D partnership focused on next-generation fermented product development Strategy to leverage Edible Garden's credibility in produce for new product expansion BELVIDERE, NJ, May 07, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the "Company") (NASDAQ:EDBL, EDBLW))), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced that it has entered into a product development agreement (the "Agreement") with Herm ...