Benzinga | Aug 4, 2021 07:41AM EDT

Calavo Growers Sees Prelim. Q3 Revenue $275M-$285M vs $291.85M Est.

Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, announced today that after an initial review of its third quarter 2021 operating results, the Company now expects revenue to be between $275 million and $285 million, near the low end of its previously announced range, while adjusted EBITDA (a non-GAAP financial measure) is expected to be in the range of $0 to $2 million, below its previously announced range of $11 million to $15 million. Calavo's third quarter 2021 results will be reported on September 8, 2021, and the Company will hold its earnings call the same day.