Brief: Sunopta reported Q2 EPS $0.05

SunOpta

10/08/2016 12:30

Aug 10 (Reuters) - Sunopta Inc  SOY.TO  
    * Q2 loss per share $0.05 from continuing operations 
    * Q2 earnings per share view $0.07 -- Thomson Reuters 
I/B/E/S 
    * Q2 adjusted earnings per share $0.05 
    * Sunopta announces second quarter fiscal 2016 financial 
results 
    * Q2 revenue $348.1 million versus I/B/E/S view $361.6 
million 
    * Revenue was negatively impacted by approximately $3.5 
million during Q2 due to recall of certain sunflower products 
    * In comparison to reported results for Q2 of 2016, for Q3 
company expects revenues to increase by $10 million to $15 
million 
    * In comparison to reported results for Q2 of 2016, Q3 
adjusted EBITDA expected to increase by $2.5 million to $3.5 
million 
    * For first half of 2016, estimated losses of $16.0 million 
were recognized in relation to recall of certain Sunflower 
Kernel products 
 
Source text for Eikon:  ID:nBwcfGxVxa  
Further company coverage:  SOY.TO  
 
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