Local Bounti Reports Q2 EPS ($1.63) vs. ($3.00) Last Year, Revenue Increases to $12.1M

Local Bounti reported Q2 EPS of $1.63, a significant improvement from $3.00 last year. Revenue increased to $12.1M from $9.4M last year. The company ended the quarter with $13.2M in cash and cash equivalents. CEO Kathleen Valiasek attributed the progress to the company's patented Stack & Flow Technology, which delivers superior unit economics at scale. The company expects significant revenue growth in the second half of 2025 and plans to achieve positive adjusted EBITDA in early 2026.

Local Bounti Corporation (LOCL) reported a quarterly loss of $1.63 per share in its latest earnings report, compared to a Zacks Consensus Estimate of a loss of $1.95. This marks a significant improvement from the $3 per share loss reported in the same quarter last year [1]. The company's revenue for the quarter ended June 2025 was $12.1 million, up from $9.44 million in the same period last year, but this figure missed the Zacks Consensus Estimate by 1.6% [1].

The company ended the quarter with $13.2 million in cash and cash equivalents. CEO Kathleen Valiasek attributed the progress to the company's patented Stack & Flow Technology, which delivers superior unit economics at scale [2]. Local Bounti expects significant revenue growth in the second half of 2025 and plans to achieve positive adjusted EBITDA in early 2026 [2].

The company's shares have added about 21.3% since the beginning of the year, outperforming the S&P 500's gain of 9.6% [1]. The earnings surprise of +16.41% was a welcome change from the -229.77% surprise reported a quarter ago [1].

Local Bounti's stock is currently ranked as a Zacks Rank #3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [1]. However, the company's earnings outlook and future estimates for the coming quarters and the current fiscal year will be crucial for investors to watch.

References:
[1] https://www.nasdaq.com/articles/local-bounti-corporation-locl-reports-q2-loss-misses-revenue-estimates
[2] https://www.coindesk.com/business/2025/08/12/transak-raises-usd16m-from-idg-capital-tether-to-scale-stablecoin-payment-network