Innovative Food Holdings, Inc. (IVFH)
- GlobeNewswire
Innovative Food Holdings, Inc. Announces New Contract With Top Five U.S. Broadline Distributor, and Launch of Cheney Brothers Business
BONITA SPRINGS, Fla., May 15, 2024 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet specialty foods to professional chefs, today announced a new contractual partnership with a top five U.S. broadline distributor partner and the completion of the associated technology integration. In addition, today the Company announced the launch of the Cheney Brothers business, after a successful technology integration. First, the new part
- GlobeNewswire
Innovative Food Holdings, Inc. Reports Financial Results for First Quarter 2024
Key first quarter data points: Revenue of $15.7 million, -5.7% vs. Q1 2023Specialty Foodservice revenue +1.4% vs. Q1 2023, accelerating from -13.6% trend in Q4Gross margin improved by 174 basis points to 24.4% vs. Q1 2023 GAAP net income from continuing operations of $1.4 million, compared to a Q1 2023 loss of ($2.8 million)GAAP net income from continuing operations per fully diluted share of $0.028 vs. Q1 2023 of ($0.060)Adjusted net income from continuing operations of $155K, compared to Q1 20
- GlobeNewswire
Innovative Food Holdings, Inc. Announces Q1 2024 Earnings Call, 2024 Annual Meeting, and CEO Letter to Shareholders
BONITA SPRINGS, Fla., May 08, 2024 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet specialty foods to professional chefs, today: 1) announced the timing for a call with investors to discuss Q1 2024 financial results, 2) announced the timing for the Company’s 2024 annual meeting of shareholders, and 3) shared a letter from the Chief Executive Officer to the Company’s shareholders. Earnings Call The Company’s management will
