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Volume of green coffee processed and sold increased by 2.2 million pounds, reaching 25.4 million pounds, a 9.6% increase over the prior year period;
Gross profit increased $2.2 million to $48.2 million and gross margin decreased 230 basis points to 32.7% over the prior year period;
Net loss was $(3.0) million compared to net income of $0.8 million in the prior year period; and
Adjusted EBITDA was $11.0 million compared to $12.5 million in the prior year period.*
The following information was filed by Farmer Brothers Co (FARM) on Wednesday, November 7, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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