Midera Food Q2 Net Income Falls, Revenue Rises; Updates Outlook

MT Newswires Live

08/14

Midera Food Processing (MFP) reported a Q2 net earnings late Thursday of $10.8 million, down from $29.1 million a year earlier.

Revenue for the quarter that ended July 4 was $245.4 million, up from $216.7 million a year earlier.

Analysts surveyed by FactSet expected $226.6 million.

For 2026, the firm now expects revenue of $935 million to $965 million, compared with $915 million to $945 million previously.

Analysts expect $934.2 million.

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