DELTA, Canada (AP) _ Village Farms International Inc. (VFF) on Tuesday reported fourth-quarter earnings of $2.1 million.
The Delta, Canada-based company said it had net income of 3 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.
The greenhouse operator posted revenue of $72.8 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $70.1 million.
For the year, the company reported a loss of $9.1 million, or 11 cents per share. Revenue was reported as $268 million.
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