Management CommentsHarold Edwards, President and Chief Executive Officer, stated, “We are pleased with our second quarter financial results, as we achieved strong top line growth of 29% and significantly improved our profitability on a year-over-year basis. Our agribusiness revenue increased 31% in the second quarter, driven by strong lemon sales due to more cartons sold and higher prices. Our avocado sales also increased, and we expect to generate significant revenue contribution from our avocado sales in the third quarter when avocados experience peak seasonality.”
Limoneira Company Announces Second Quarter And Six Months Fiscal Year 2012 Financial Results
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