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Limoneira Swings To Profit In Q2

Limoneira Co. (LMNR) Monday reported a profit for the second quarter compared to a loss last year, due mainly to higher revenues.

The Santa Paula, California-based company's second-quarter net profit attributable to common stock was $672 thousand or $0.06 per share, compared to a net loss of $329 thousand or $0.03 per share last year.

Total revenues for the quarter grew to $16.10 million from $12.51 million in the prior-year quarter.

by RTTNews Staff Writer

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