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Local Bounti’s Network Yields at Record Levels, Retail Momentum Broadened – Quarterly Update Report
Download the Complete Report Here Local Bounti Corporation (LOCL) Retail Momentum, Food-Safety Relevance, and Yield Gains Strengthen the Growth Story; EBITDA Progress Continues Key Takeaways: Revenue increased 14% y/y and 4% q/q to $13.9 million, while adjusted EBITDA loss improved 17% y/y to $5.8 million. Progress toward positive adjusted EBITDA continues, supported by higher revenue, lower adjusted G&A, …