Mission Produce Inc. Reports 10% Revenue Increase, Net Income Rises to $14.7 Million, EPS at $0.21 for Fiscal Q3 2025

Reuters
09/09
<a href="https://laohu8.com/S/AVO">Mission Produce</a> Inc. Reports 10% Revenue Increase, Net Income Rises to $14.7 Million, EPS at $0.21 for Fiscal Q3 2025

Mission Produce Inc. reported its fiscal third quarter financial results for 2025, showing a 10% increase in total revenue, reaching $357.7 million compared to the same period last year. The company achieved a net income of $14.7 million, or $0.21 per diluted share, up from $12.4 million, or $0.17 per diluted share, in the prior year. Adjusted net income rose to $18.2 million, or $0.26 per diluted share, from $16.7 million, or $0.23 per diluted share, in the same period last year. Additionally, the adjusted EBITDA increased by 3% to $32.6 million from $31.5 million the previous year. The company's CEO, Steve Barnard, highlighted the success of their commercial team in managing the Peruvian production, which contributed to supply consistency and strong financial performance amid market volatility. Mission Produce's vertically integrated model, which includes a year-round sourcing network and global distribution capabilities, has been instrumental in maintaining operational excellence. For fiscal 2025, Mission Produce expects total capital expenditures to remain between $50 million and $55 million. This financial outlook demonstrates the company's commitment to sustaining growth and capitalizing on market opportunities.

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. Mission Produce Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9525252-en) on September 08, 2025, and is solely responsible for the information contained therein.

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