Agrify Corp

NASDAQ:AGFY   3:59:52 PM EDT
18.09
-0.23 (-1.25%)
Earnings Announcements, Mergers / Acquisitions

Agrify Acquires Precision Extraction Solutions And Cascade Sciences

Published: 10/04/2021 20:37 GMT
Agrify Corp (AGFY) - Agrify Acquires Precision Extraction Solutions and Cascade Sciences, Two of the Leading Cannabis and Hemp Extraction, Post-processing, and Testing Equipment and Services Companies.
Agrify Corp - Acquired Precision and Cascade With a Base Purchase Price of $50 Million.
Agrify Corp - Acquisition is Immediately Accretive to Agrify on a Gross Profit and EBITDA Basis.
Revenue is expected to be $13.91 Million
Adjusted EPS is expected to be -$0.27

Next Quarter Revenue Guidance is expected to be $25.23 Million
Next Quarter EPS Guidance is expected to be -$0.26

More details on our Analysts Page.