HF Foods Group Reports Q3 Revenue Beat Amid Non-GAAP EPS Miss
HF Foods Group (HFFG) reported third-quarter financial results characterized by a divergence between top-line growth and bottom-line profitability. While the company achieved revenue of $319.58 million, representing a 4.1% increase year-over-year and slightly exceeding market expectations by $1.32 million, earnings fell short of estimates. The reported Non-GAAP earnings per share (EPS) was $0.04, missing consensus forecasts by $0.04. Additionally, adjusted EBITDA saw a decline of 6.3% compared to the prior year's period, falling from $11.7 million to $11.0 million.
Topics: earnings miss EBITDA decline revenue beat