Earnings summaries and quarterly performance for Local Bounti Corporation/DE.
Executive leadership at Local Bounti Corporation/DE.
Board of directors at Local Bounti Corporation/DE.
Research analysts who have asked questions during Local Bounti Corporation/DE earnings calls.
Benjamin Klieve
Lake Street Capital Markets
4 questions for LOCL
Also covers: ANDE, AVD, AVO +10 more
Kristen Owen
Oppenheimer & Co. Inc.
3 questions for LOCL
Also covers: , AGCO, AVNT +15 more
Ben Klieve
Lake Street Capital Markets
1 question for LOCL
Also covers: ANDE, AVD, AVO +13 more
CR
Colin Rusch
Oppenheimer & Co. Inc.
1 question for LOCL
Also covers: AEVA, ALB, AMPX +24 more
Recent press releases and 8-K filings for LOCL.
Local Bounti Reports Q3 2025 Revenue Growth and Operational Improvements
LOCL
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- Local Bounti reported Q3 2025 revenue of $12.2 million, representing a 19% year-over-year increase, and an improved adjusted EBITDA loss of $7.2 million compared to $8.4 million in Q3 of the prior year.
- The company achieved significant operational milestones, including the Texas automated harvesting system becoming fully operational, which doubled productive output and increased labor productivity by approximately 19% while reducing direct labor cost per pound by approximately 17% from July to October.
- Commercial expansion includes a Walmart launch in the Pacific Northwest for a new 10-ounce Romano product across 89 stores, with plans for further rollout in early 2026, and new private label partnerships.
- Local Bounti actioned nearly $8 million in annualized cost reductions through the first nine months of the year and continues to expect to achieve positive adjusted EBITDA in early 2026.
Nov 12, 2025, 1:00 PM
Local Bounti Announces Third Quarter 2025 Financial Results
LOCL
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Local Bounti reported 19% year-over-year revenue growth, reaching $12.2 million in the third quarter of 2025.
- The company improved its Adjusted EBITDA loss to $7.2 million in Q3 2025, compared to a loss of $8.4 million in the prior year period.
- Local Bounti reduced year-to-date annualized expenses by nearly $8 million, with an additional $1.5-2 million reduction anticipated in the fourth quarter of 2025.
- The Texas facility's automated harvesting system is now operational, leading to a 19% increase in labor productivity and a 17% reduction in direct labor cost per pound.
- The company expects to achieve positive adjusted EBITDA in early 2026.
Nov 12, 2025, 12:31 PM
Local Bounti Announces Third Quarter 2025 Financial Results
LOCL
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Local Bounti reported 19% year-over-year revenue growth, with sales reaching $12.2 million in the third quarter of 2025.
- The company's net loss improved to $26.4 million in Q3 2025 compared to $34.3 million in the prior year, and Adjusted EBITDA loss improved to $7.2 million from $8.4 million year-over-year.
- Local Bounti reduced year-to-date annualized expenses by nearly $8 million and anticipates an additional reduction of $1.5 to $2.0 million to be actioned in the fourth quarter of 2025.
- The company ended the quarter with $12.7 million in cash and cash equivalents and restricted cash as of September 30, 2025, and expects to achieve positive adjusted EBITDA in early 2026.
Nov 12, 2025, 12:15 PM
Quarterly earnings call transcripts for Local Bounti Corporation/DE.
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