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Innovative Food Holdings, Inc. Reports Financial Results for Second Quarter of 2023
Key highlights: Second quarter adjusted EBITDA improved by $1.2 million to $453,947, first profitable second quarter since 2019 Second quarter revenue down 8.2% year-over-year to $18.8 million Gross margin improved 377 basis points to 25.4% SG&A declined by 271 basis points to 24.2% $1.3 million in positive cash flow from operations, an improvement of $1.7 […] The post Innovative Food Holdings, Inc. Reports Financial Results for Second Quarter of 2023 appeared first on ForexTV...
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Posted: Aug 10 2023, 11:00
Author Name: forextv
Views: 022254