Pyxus International, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 10, 2022 at 04:45 pm EST
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Pyxus International, Inc. reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was USD 508.28 million compared to USD 394.2 million a year ago. Net loss was USD 1.54 million compared to USD 9.68 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 0.39 a year ago.
For the six months, sales was USD 852.18 million compared to USD 727.49 million a year ago. Net loss was USD 16.2 million compared to USD 21.19 million a year ago. Basic loss per share from continuing operations was USD 0.65 compared to USD 0.85 a year ago.
Pyxus International, Inc. is an agricultural company. The Company is a provider of sustainable and traceable products and ingredients. The Company operates through its Leaf segment. Its core business includes tobacco leaf merchant business, purchasing, processing, packing, storing and shipping tobacco to manufacturers of cigarettes and other consumer tobacco products around the world. Its leaf tobacco operations deal primarily in flue-cured, burley, and oriental tobaccos that are used in international cigarette brands. It processes tobacco in Company-owned and third-party facilities around the world, including in Argentina, Brazil, China, Guatemala, India, Indonesia, Jordan, Macedonia, Malawi, Tanzania, Thailand, Turkey, United States, and Zimbabwe. Throughout the entire production process, from seed through processing and final shipment, its SENTRI traceability platform provides clear visibility into how products are produced throughout the supply chain, supporting product integrity.
PYXUS INTERNATIONAL, INC. 
