AGFS - Earnings announcements

Third quarter 2022 net sales were $47.8 million, a decrease of 2.9% (or an increase of 3.1% on a constant currency basis) versus the prior year period; net sales increased 3.0% (or 8.1% on a constant currency basis) for the nine months ended September 30, 2022 versus the prior year period.Diversification revenue (all other product categories excluding SmartFresh™ for apples) grew 12.7% for the trailing twelve month period ended September 30, 2022 versus the twelve months ended September 30, 2021, and represented 44.5% of consolidated revenues during the twelve months ended September 30, 2022. Net loss of $4.6 million for the third quarter of 2022, as compared to net income of $0.8 million fo

PHILADELPHIA, Oct. 26, 2022 (GLOBE NEWSWIRE) -- AgroFresh Solutions, Inc. (NASDAQ:AGFS), a global AgTech innovator providing a range of solutions, digital technologies and services to enhance the quality and extend the shelf life of fresh produce, today announced that it will release third quarter results after the market closes on Wednesday, November 9, 2022, followed by a conference call at 4:30 p.m. ET to discuss the results. Conference Call The Company will host a conference call and webcast on Wednesday, November 9, 2022, at 4:30 p.m. ET where members of the executive management team will discuss third quarter results with additional comments and details. The conference call and su

Second quarter 2022 net sales were $25.8 million, an increase of 17.5% (or 23.9% on a constant currency basis) versus the prior year period; first half 2022 net sales increased 7.8% (or 12.1% on a constant currency basis) versus the prior year period.Diversification revenue (all other product categories excluding SmartFresh™ for apples) grew 12.0% for the trailing twelve month period ended June 30, 2022 versus the twelve months ended June 30, 2021, and represented 44.1% of consolidated revenues during this period.Net loss of $18.4 million for the second quarter of 2022, as compared to net loss of $17.3 million for the second quarter of 2021. First half 2022 net loss of $21.5 million versus a

PHILADELPHIA, July 26, 2022 (GLOBE NEWSWIRE) -- AgroFresh Solutions, Inc. (NASDAQ:AGFS), a global AgTech innovator providing a range of solutions, digital technologies and services to enhance the quality and extend the shelf life of fresh produce, today announced that it will release second quarter results after the market closes on Tuesday, August 9, 2022, followed by a conference call at 4:30 p.m. ET to discuss the results. Conference Call The Company will host a conference call and webcast on Tuesday, August 9, 2022, at 4:30 p.m. ET where members of the executive management team will discuss second quarter results with additional comments and details. The conference call and suppleme

First quarter 2022 net sales were $39.9 million, an increase of 2.3% (or 5.5% on a constant currency basis) versus the prior year period.Diversification revenue (i.e. excluding sales of SmartFresh™ for apples) grew 11.2% for the trailing twelve month period ended March 31, 2022 versus the twelve months ended March 31, 2021, and represented 43.3% of consolidated revenues during this period.Net loss of $3.2 million for the first quarter of 2022, as compared to net income of $8.2 million for the first quarter of 2021 that benefited from one-time litigation proceeds. Adjusted EBITDA1 of $15.0 million for the first quarter of 2022, an increase of 5.9%, compared to $14.2 million in the prior year

PHILADELPHIA, April 27, 2022 (GLOBE NEWSWIRE) -- AgroFresh Solutions, Inc. (NASDAQ:AGFS), a global leader in produce freshness solutions devoted to fighting food loss and waste, today announced that it will release first quarter results after the market closes on Wednesday, May 11, 2022, followed by a conference call at 4:30 p.m. ET to discuss the results.   Conference Call The Company will host a conference call and webcast on Wednesday, May 11, 2022, at 4:30 p.m. ET where members of the executive management team will discuss first quarter results with additional comments and details. The conference call and supplemental earnings presentation will be available live over the interne

Fourth quarter 2021 net sales were $55.9 million, an increase of 7.8% (or 10.0% on a constant currency basis) versus the prior year period; full year 2021 net sales increased 5.3% versus the prior year. Diversification revenue (i.e. excluding sales of SmartFresh™ for apples) grew 15.9% for the full year 2021 versus the prior year period, and represented 42% of consolidated revenues during this period.Net income of $2.2 million for the fourth quarter of 2021, as compared to net loss of $2.7 million for the fourth quarter of 2020. For the full year 2021, net loss was $6.1 million, compared to net loss of $53.0 million in the prior year.Adjusted EBITDA1 of $26.4 million for the fourth quarter o

PHILADELPHIA, Feb. 23, 2022 (GLOBE NEWSWIRE) -- AgroFresh Solutions, Inc. (NASDAQ:AGFS), a global leader in produce freshness solutions devoted to fighting food loss and waste, today announced that it will release fourth quarter and full year results after the market closes on Wednesday, March 09, 2022, followed by a conference call at 4:30 p.m. ET to discuss the results.   Conference Call The Company will host a conference call and webcast on Wednesday, March 09, 2022, at 4:30 p.m. ET where members of the executive management team will discuss fourth quarter results with additional comments and details. The conference call and supplemental earnings presentation will be available live o

Third quarter 2021 net sales were $49.2 million, a decrease of 6.8% (or 7.1% on a constant currency basis) versus the prior year period due to Northern Hemisphere harvest timing and extreme weather events; year-to-date net sales increased 4.1% versus the prior year period.Diversification revenue (i.e. excluding sales of SmartFresh TM for apples) grew 14.6% for the trailing twelve month period ended September 30, 2021 versus the twelve months ended September 30, 2020, and represented 41.3% of consolidated revenues during this period.Net income of $0.8 million for the third quarter of 2021, as compared to net loss of $29.7 million for the third quarter of 2020. For the nine months ended Septem

PHILADELPHIA, Oct. 27, 2021 (GLOBE NEWSWIRE) -- AgroFresh Solutions, Inc. (NASDAQ:AGFS), a global leader in produce freshness solutions devoted to fighting food loss and waste, today announced that it will release third quarter results after the market closes on Wednesday, November 10, 2021, followed by a conference call at 4:30 p.m. ET to discuss the results.   Conference Call The Company will host a conference call and webcast on Wednesday, November 10, 2021, at 4:30 p.m. ET where members of the executive management team will discuss third quarter results with additional comments and details. The conference call and supplemental earnings presentation will be available live over the in

Second quarter 2021 net sales increased 9.7% to $21.9 million (4.7% on a constant currency basis) versus the prior year period. First half 2021 net sales increased 14.9% (12.8% on a constant currency basis).Diversification revenue (i.e. excluding sales of SmartFresh™ for apples) grew 23% for the trailing twelve month period ended June 30, 2021 versus the twelve months ended June 30, 2020, and represented 40.6% of consolidated revenues during this period.Net loss of $17.3 million for the second quarter of 2021, as compared to net loss of $16.8 million for the second quarter of 2020. First half 2021 net loss of $9.1 million versus a net loss of $20.6 million in the prior year period.Adjusted E

PHILADELPHIA, July 27, 2021 (GLOBE NEWSWIRE) -- AgroFresh Solutions, Inc. (NASDAQ:AGFS), a global leader in produce freshness solutions, today announced that it will release second quarter results after the market closes on Tuesday, August 10, 2021, followed by a conference call at 4:30 p.m. ET to discuss the results.   Conference Call The Company will host a conference call and webcast on Tuesday, August 10, 2021, at 4:30 p.m. ET where members of the executive management team will discuss second quarter results with additional comments and details. The conference call and supplemental earnings presentation will be available live over the internet through the "Events & Presentations" pa

First quarter net sales increased 18.1% to $39.0 million (17.6% on a constant currency basis) versus the prior year period.Net income of $8.2 million for the first quarter of 2021, as compared to net loss of $3.8 million for the first quarter of 2020. Adjusted EBITDA1 increased 26.3% to $14.2 million for the first quarter of 2021, and adjusted EBITDA margin increased 240 basis points to 36.3% versus the first quarter of 2020.Reduced debt by $9.1 million and redeemed $5.3 million of preferred equity with litigation proceeds, reducing future interest expense and dividend payments. PHILADELPHIA, May 13, 2021 (GLOBE NEWSWIRE) -- AgroFresh Solutions, Inc. ("AgroFresh" or the "Company") (NASD

Full year 2020 net sales were $157.6 million, a decrease of 7.3% (6.2% on a constant currency basis) versus the prior year. Selling, general and administrative expense decreased 9.4% to $53.9 million for the full year 2020 and decreased 1.8% when excluding nonrecurring items related to litigation, severance and M&A, versus the prior year. Net loss of $53.0 million for the full year 2020, which included $43.7 million of amortization of intangibles.Adjusted EBITDA1 was $60.1 million for the full year 2020 and adjusted EBITDA margin was 38.1%. PHILADELPHIA, March 10, 2021 (GLOBE NEWSWIRE) -- AgroFresh Solutions, Inc. ("AgroFresh" or the "Company") (Nasdaq: AGFS), a global leader in produce f