Alico Q3 net income swings to USD 2.1 million; revenue rises 7.7% to USD 9.04 million

Reuters2026/08/10 20:17

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Alico posts Q3 net income of USD 2.13 million, swinging from a loss; revenue rises 7.7% to USD 9.04 million.
EBITDA drops 76% to USD 4.6 million; operating cash flow edges up 1.6% to USD 7.14 million.
Cash climbs to USD 55.58 million; net debt falls to USD 29.83 million from USD 47.42 million at Sept. 30, 2025.
Signed an agricultural lease for about 3,280 acres with a USD 29.5 million purchase option; completed USD 10 million buyback of 245,000 shares.
Raised FY2026 adjusted EBITDA outlook to about USD 15 million, projecting cash near USD 48 million and net debt around USD 37 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alico Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608101605PRIMZONEFULLFEED9807141) on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Alico Q3 net income swings to USD 2.1 million; revenue rises 7.7% to USD 9.04 million

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