Blue Star Foods Reports 19% Growth to $2.3 Million Revenue for First Quarter Ended March 31, 2024
Blue Star(BSFC) Newsfilter·2024-05-20 13:30
Increase in Revenues Leads to 44% Reduction in Losses Financial Results for the Three Months Ended March 31, 2024 Revenue increased 19% to $2.3 million Net loss decreased 44% to $1.1 million Adjusted EBITDA loss decreased 35% to $0.6 million Inventory and RAS biomass of $2.3 million Executed Transformational Master Service Agreement (MSA) with a the fully integrated seafood provider. Started Production of Soft-Shell Operations in South Carolina for the 2024 Season Under Existing License from the South Carol ...