ALCO - Earnings announcements

Company Closed $26.9 million Land Sale in Second Quarter; Total Land Sales Reach $34.6 million Year-to-Date Company Repurchased 245,399 Shares for $10.0 million, Through April 2026 Cash and Cash Equivalents of $52.9 million at March 31, 2026, Extending Cash Runway Another Year Through Fiscal Year 2028 Collier County Local Entitlement Approvals Secured in April 2026; Federal and State Entitlements Progressing as Expected for Corkscrew Grove Villages FORT MYERS, Fla., May 11, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico", the "Company", "we", "us" or "our") (NASDAQ:ALCO) today announced financial results for the second quarter ended March 31, 2026. Management Comments John Kiernan, Pr

FORT MYERS, Fla., April 27, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the second quarter ended March 31, 2026, on Monday, May 11, 2026 after market close. The Company will host a conference call to discuss its financial results on Tuesday, May 12, 2026, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-800-343-4849 in the United States and 1-203-518-9848 from outside of the United States. The participant identification to join the conference call is ALICO. A telephone replay will be available on Tuesday, May 12, 2026 approximately three hours after t

Company Closed $7.7 million of Land Sales in First Quarter; Total Land Sales Reach $34.5 million Year-to-Date Through January 2026 Farmable land Utilization Reaches 97% Following Completion of Lease Agreements in January 2026 Land Sales and Operating Performance Strengthen Cash Position, Creating Strategic Capital Deployment Optionality Development Pipeline Moves Forward with Local Corkscrew Grove Entitlement Decision By County Expected in 2026 FORT MYERS, Fla., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico", the "Company", "we", "us" or "our") (NASDAQ:ALCO) today announced financial results for the first quarter ended December 31, 2025. Management Comments John Kiernan, Pres

FORT MYERS, Fla., Jan. 23, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the first quarter ended December 31, 2025, on Wednesday, February 4, 2026 after market close. The Company will host a conference call to discuss its financial results on Thursday, February 5, 2026, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-800-245-3047 in the United States and 1-203-518-9765 from outside of the United States. The participant identification to join the conference call is ALICO. A telephone replay will be available on Thursday, February 5, 2026 approximately t

Diversified Land Company Strategy Proceeding as Expected: Company Completes Final Major Citrus Operations Development Projects Advance Through Entitlement Process with Corkscrew Grove Decision Expected in 2026 Net loss attributable to Alico, Inc. common stockholders fiscal year ended September 30, 2025 of $147.3 million, Adjusted EBITDA of $22.5 million, Exceeding $20 Million Guidance Land Sales of $23.8 million, Exceeding $20 Million Guidance Strong Cash Generation Delivers $38.1 Million Cash and cash equivalents with total debt of $85.5 million, resulting in $47.4 million of Net Debt, Outperforming Balance Sheet Targets Company Ends Fiscal Year 2025 with Enough Cash to Meet Expected O

FORT MYERS, Fla., Nov. 11, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the fourth quarter and full year ended September 30, 2025, on Monday, November 24, 2025 after market close. The Company will host a conference call to discuss its financial results on Tuesday, November 25, 2025, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-800-245-3047 in the United States and 1-203-518-9765 from outside of the United States. The participant identification to join the conference call is ALICO. A telephone replay will be available on Tuesday, November 25, 2025 a

Company Completes Final Major Citrus Harvest as Strategic Transformation to Diversified Land Company Continues Company Reports $9.3 Million in Third Quarter Asset Sales; Exceeding its Land Sales Target Crop Insurance Recovery of $16.0 Million Contributes to Robust $42.1 Million Cash Position and Strong Liquidity Profile to Execute Strategic Transformation Strategy FORT MYERS, Fla., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico", the "Company", "we", "us" or "our") (NASDAQ:ALCO) today announced financial results for the third quarter ended June 30, 2025. Management Comments John Kiernan, President and Chief Executive Officer of the Company, stated, "We successfully completed o

FORT MYERS, Fla., July 30, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the third quarter ended June 30, 2025, on Tuesday, August 12, 2025 after market close. The Company will host a conference call to discuss its financial results on Wednesday, August 13, 2025, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-800-267-6316 in the United States and 1-203-518-9783 from outside of the United States. The participant identification to join the conference call is ALICO. A telephone replay will be available on Wednesday, August 13, 2025 approximately three ho

Company Executing Strategic Transformation to Become Diversified Land Company; Concludes the Majority of its Capital Investment on Citrus Operations After Completion of the Fiscal Year 2025 Harvest in April 2025 Company Raises Land Sales Outlook to Potentially Exceed $50 million for Fiscal Year 2025 Expanded Financial Guidance Now Includes Cash Balance, Net Debt and Adjusted EBITDA Targets for Fiscal Year 2025 Robust Liquidity Position with $14.7 million in Cash and Cash Equivalents, $88.5 million in Available Credit Facilities and No Significant Debt Maturities Until 2029 FORT MYERS, Fla., May 13, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico", the "Company", "we", "us" or "our") (NASD

FORT MYERS, Fla., April 29, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the second quarter ended March 31, 2025, on Tuesday, May 13, 2025 after market close. The Company will host a conference call to discuss its financial results on Wednesday, May 14, 2025, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-800-343-4136 in the United States and 1-203-518-9843 from outside of the United States. The participant identification to join the conference call is ALICO. A telephone replay will be available on Wednesday, May 14, 2025, approximately three hours a

FORT MYERS, Fla., March 13, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or "the Company") (NASDAQ:ALCO) today announced a major milestone in its strategic transformation with the filing of a development application for the first of two villages ("Corkscrew Grove East Village") in what will ultimately be a 3,000-acre-master-planned community in northwest Collier County. There will be an additional 6,000 acres of land in Collier County that Alico will set aside for permanent conservation, highlighting Alico's commitment to balanced development and environmental stewardship. The application referred to as "Corkscrew Grove Villages", represents a key component in the implementation of the Co

Land Management and Other Operations Revenue Increased 45% Compared to Prior Year Robust Liquidity Position with $73.5 million in Available Credit Facilities and No Significant Debt Maturities Until 2029 Company Expects to Realize Approximately $20 Million in Land Sales in Fiscal Year 2025 Company Executing Strategic Transformation to Become Diversified Land Company; Concludes Capital Investment on Citrus Operations After Current Crop is Harvested in 2025 FORT MYERS, Fla., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico", the "Company", "we", "us" or "our") (NASDAQ:ALCO) today announced financial results for the first quarter ended December 31, 2024. Management Comments John K

FORT MYERS, Fla., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the first quarter ended December 31, 2024, on Wednesday, February 12, 2025 after market close. The Company will host a conference call to discuss its financial results on Thursday, February 13, 2025, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-800-343-4849 in the United States and 1-203-518-9848 from outside of the United States. The participant identification to join the conference call is ALICO. A telephone replay will be available on Thursday, February 13, 2025, approximate

Company announces it will wind down its Alico Citrus division to focus on its long-term diversified land usage and real estate development strategy Conference call and webcast to discuss announcement at 8:30 am Eastern Time today         FORT MYERS, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or "the Company") (NASDAQ:ALCO), today announces a strategic transformation to become a diversified land company with each of its properties now expected to create profitable agricultural revenue opportunities that are not citrus-related until the Highest and Best Use ("HBU") for these acres can be realized. Alico owns approximately 53,371 acres of land across eight counties in Flo

FORT MYERS, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company," "we," "us" or "our") (NASDAQ:ALCO) today announces financial results for the fourth quarter and fiscal year ended September 30, 2024, the highlights of which are as follows: The Company reports net income attributable to Alico, Inc. common stockholders of $7.0 million and EBITDA of $29.7 million for the fiscal year ended September 30, 2024. After adjusting for certain non-recurring items, the Company reports Adjusted EBITDA of $(3.8) million for the year ended September 30, 2024.Land sales continued during the 2024 fiscal year, with the Company selling approximately 18,354 acre

FORT MYERS, Fla., Nov. 29, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the fourth quarter and full year ended September 30, 2024, on Monday, December 2, 2024 before market open. The Company will host a conference call to discuss its financial results on Monday, December 2, 2024, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-800-225-9448 in the United States and 1-203-518-9708 from outside of the United States. The participant identification to join the conference call is ALICO. A telephone replay will be available on Monday, December 2, 2024, appro

FORT MYERS, Fla. , Aug. 05, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico", the "Company", "we", "us" or "our") (NASDAQ:ALCO) today announced financial results for the third quarter of fiscal year 2024 and the nine months ended June 30, 2024, the highlights of which are as follows: The Company previously announced that it entered a new three-year agreement to sell oranges to Tropicana at prices that are approximately 33% to 50% higher, over the life of the contract, than the average price for all the citrus fruit sold to Tropicana last season.The Company has now treated substantially all of its producing trees with Oxytetracycline ("OTC") and anticipates that these 4.5 million trees will s

FORT MYERS, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the quarter ended June 30, 2024, on Monday, August 5, after the market close. The Company will host a conference call to discuss its financial results on Tuesday, August 6, 2024, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-800-343-5172 in the United States and 1-203-518-9856 from outside of the United States. The participant identification to join the conference call is ALICO. A telephone replay will be available on August 6, 2024, approximately three hours after the call conc

FORT MYERS, Fla., May 06, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico", the "Company", "we", or "our") (NASDAQ:ALCO) today announces financial results for the second quarter of fiscal year 2024 and the six months ended March 31, 2024, the highlights of which are as follows: Revenues of $32.1 million for the six months ended March 31, 2024 were relatively flat as compared to $31.9 million in the six months ended March 31, 2023.Net income attributable to Alico, Inc. common stockholders of $27.1 million and EBITDA of $47.3 million for the six months ended March 31, 2024. After adjusting for certain items, the Company reports Adjusted EBITDA of $(1.0) million for the six months ended March 3

FORT MYERS, Fla., April 22, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the quarter ended March 31, 2024, on Monday, May 6, after the market close. The Company will host a conference call to discuss its financial results on Tuesday, May 7, 2024, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-888-886-7786 in the United States and 1-416-764-8658 from outside of the United States. The participant identification to join the conference call is 99616585. A telephone replay will be available on May 7, 2024, approximately three hours after the call conclude

FORT MYERS, Fla., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announces financial results for the first fiscal quarter ended December 31, 2023, the highlights of which are as follows: The Company reports net income attributable to Alico, Inc. common stockholders of $42.9 million and EBITDA of $63.8 million for the fiscal quarter. After adjusting for certain items, the Company reports Adjusted EBITDA of $(2.3) million for the quarter ended December 31, 2023.On December 21, 2023, the Company closed on the sale of 17,229 acres of the Alico Ranch to the State of Florida for $77.6 million in gross proceeds.The Company repaid all outstanding borr

FORT MYERS, Fla., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the first quarter ended December 31, 2023, on Wednesday, February 7, after the market close. The Company will host a conference call to discuss its financial results on Thursday, February 8, 2024, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-888-886-7786 in the United States and 1-416-764-8658 from outside of the United States. The participant identification to join the conference call is 37132138. A telephone replay will be available on February 8, 2024, approximately three ho

FORT MYERS, Fla., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announces financial results for the fourth quarter and fiscal year ended September 30, 2023, the highlights of which are as follows: The Company's groves have been recovering from the impact of Hurricane Ian since September 2022. The Company reports net income attributable to Alico, Inc. common stockholders of $1.8 million and EBITDA of $23.0 million for the fiscal year ended September 30, 2023. After adjusting for certain non-recurring items, the Company reports adjusted net loss attributable to Alico, Inc. common stockholders of $(24.5) million and Adjusted EBITDA $(16.1) mill

FORT MYERS, Fla., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the fourth quarter and full year ended September 30, 2023, on Wednesday, December 6, after the market close. The Company will host a conference call to discuss its financial results on Thursday, December 7, 2023, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-877-407-0792 in the United States and 1-201-689-8263 from outside of the United States. The participant identification to join the conference call is 13742944. A telephone replay will be available on December 7, 2023, approx

FORT MYERS, Fla., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announces financial results for the third quarter of fiscal year 2023 and the nine months ended June 30, 2023, the highlights of which are as follows: Company reports net income attributable to Alico, Inc. common stockholders of $11.8 million and EBITDA of $18.8 million for the third fiscal quarter of 2023. The Company reports adjusted net (loss) attributable to Alico, Inc. common stockholders of ($5.6) million and Adjusted EBITDA of ($1.3) million for the third fiscal quarter of 2023.Box production is down from the previous year due to greater fruit drop from the impacts of Hu

FORT MYERS, Fla., July 20, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the third quarter ended June 30, 2023, on Thursday, August 3, before the markets open. The Company will host a conference call to discuss its financial results on August 3, 2023, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-888-886-7786 in the United States and 1-416-764-8658 from outside of the United States. The participant identification to join the conference call is 95409966. Guests may dial-in on the numbers above and be answered by an operator, or click the Call me™ link

FORT MYERS, Fla., May 04, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announces financial results for the second quarter of fiscal year 2023 and the six months ended March 31, 2023, the highlights of which are as follows: Company reports net loss attributable to Alico, Inc. common stockholders of $7.8 million and EBITDA of ($3.2) million for second fiscal quarter of 2023. The Company reports adjusted net loss attributable to Alico, Inc. common stockholders of $12.3 million and Adjusted EBITDA of ($7.8) million for the second fiscal quarter of 2023.Box production is down from the previous year due to greater fruit drop from the impacts of Hurricane I

FORT MYERS, Fla., April 20, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the second quarter ended March 31, 2023, on Thursday, May 4, before the market open. The Company will host a conference call to discuss its financial results on May 4, 2023, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-888-886-7786 in the United States and 1-416-764-8658 from outside of the United States. The participant identification to join the conference call is 10649055. Guests may dial-in on the numbers above and be answered by an operator, or click the Call me™ link for

FORT MYERS, Fla., Feb. 06, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announces financial results for the fiscal quarter ended December 31, 2022, the highlights of which are as follows: Company reports net loss attributable to Alico, Inc. common stockholders of $3.2 million and EBITDA of $0.9 million for fiscal quarter. After adjusting for certain non-recurring items, Company reports adjusted net loss attributable to Alico, Inc. common stockholders of $6.3 million and Adjusted EBITDA of ($3.4) million.During the fiscal quarter ended December 31, 2022, the Company sold approximately 609 acres of the Alico Ranch to several third parties for approxima

FORT MYERS, Fla., Jan. 23, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the first quarter ended December 31, 2022, on Monday, February 6, before the market open. The Company will host a conference call to discuss its financial results on February 6, 2023, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-877-407-0792 in the United States and 1-201-689-8263 from outside of the United States. The participant identification to join the conference call is 13735632. A telephone replay will be available on February 6, 2023, approximately three hours after the

FORT MYERS, Fla., Dec. 13, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announces financial results for the fourth quarter and fiscal year ended September 30, 2022, the highlights of which are as follows: Company reports net income attributable to Alico, Inc. common stockholders of $12.5 million and EBITDA of $32.1 million for the fiscal year 2022. After adjusting for certain non-recurring items, Company reports adjusted net loss attributable to Alico, Inc. common stockholders of $1.6 million and Adjusted EBITDA of $13.4 million.Company's fiscal year 2022 financial results are below the most recent net income and EBITDA guidance, primarily due to the

FORT MYERS, Fla., Dec. 12, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the fourth quarter and full year ended September 30, 2022, on Tuesday, December 13, after the market close. The Company will host a conference call to discuss its financial results on December 13, 2022, at 4:30 pm Eastern Time. Interested parties may join the conference call by dialing 1-877-407-0792 in the United States and 1-201-689-8263 from outside of the United States. The participant identification to join the conference call is 13734919. A telephone replay will be available on December 13, 2022, approximately t

FORT MYERS, Fla., Nov. 28, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the fourth quarter and full year ended September 30, 2022, on Tuesday, December 6, before the market open. The Company will host a conference call to discuss its financial results on December 6, 2022, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-866-365-6878 in the United States and 1-412-542-4149 from outside of the United States. The participant identification to join the conference call is 10170365. A telephone replay will be available on December 6, 2022, approximately two

FORT MYERS, Fla., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announces financial results for the third quarter of fiscal year 2022 and the nine months ended June 30, 2022, the highlights of which are as follows: Box production for past harvest season was down from the previous year due to a freeze event and greater fruit drop.Average pound solids per box was down from the previous year.Market prices per pound solids increased for the second consecutive year.Company's latest ranch land sales sold at an average price of approximately $5,000 per acre. Interest from prospective buyers remains robust.Company updates guidance for net income, EBI

FORT MYERS, Fla., July 27, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the third quarter ended June 30, 2022, on Wednesday, August 3, 2022, at 4:30 pm. The Company will host a conference call to discuss its financial results on August 3, 2022, at 4:30 pm Eastern Daylight Time. Interested parties may join the conference call by dialing (888) 414-4463 in the United States and (646) 960-0375 from outside of the United States. The participant identification to join the conference call is 9291358. A telephone replay will be available on August 3, 2022 approximately two hours after the call co

FORT MYERS, Fla., May 09, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announces financial results for the second quarter of fiscal year 2022 and the six months ended March 31, 2022, the highlights which are as follows: Box production is down from the previous year due to greater fruit drop and freeze event.Average pound solids per box this quarter are down from the previous year.Market prices per pound solids increase in fiscal year 2022.Company executed three-year option agreement with third party to sell approximately 899 citrus acres for $11,500 per acre. Momentum of ranch land sales continued with latest transaction for approximately 645 acres a

FORT MYERS, Fla., April 28, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the second quarter ended March 31, 2022, on Monday, May 9, 2022, after the market close. The Company will host a conference call to discuss its financial results on May 9, 2022, at 4:30 pm Eastern Daylight Time. Interested parties may join the conference call by dialing 844-826-3033 in the United States and 412-317-5185 from outside of the United States. A telephone replay will be available approximately two hours after the call concludes and will be available through Monday, May 23, 2022. Listeners in the United Stat

FORT MYERS, Fla., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announces financial results for the fiscal quarter ended December 31, 2021, the highlights which are as follows: Not-from-concentrate orange juice consumption continues to be stronger than pre-pandemic levels.Market prices per pound solids increase in fiscal year 2022.Average pound solids per box this quarter are down from the previous year, expected to be lower this season.Box production this quarter is slightly higher from the previous year due to timing, but expected to be lower this season. Momentum of opportunistic ranch land sales continued with another transaction with

FORT MYERS, Fla., Jan. 24, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the first quarter ended December 31, 2021, on Thursday, February 3, 2022, before the market open. The Company will host a conference call to discuss its financial results on February 3, 2022, at 8:30 am Eastern Daylight Time. Interested parties may join the conference call by dialing (877) 407-0792 in the United States and (201) 689-8263 from outside of the United States. A telephone replay will be available approximately two hours after the call concludes and will be available through Thursday, February 17, 2022. List

FORT MYERS, Fla., Dec. 07, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announces financial results for the fourth quarter and fiscal year ended September 30, 2021, the highlights which are as follows: Company reports net income attributable to Alico, Inc. common stockholders of $34.9 million and EBITDA of $65.5 million for the fiscal year 2021. After adjusting for certain non-recurring items, Company reports adjusted net income attributable to Alico, Inc. common stockholders of $4.6 million and adjusted EBITDA of $25.3 million.Company's fiscal year 2021 financial results in line with net income, EBITDA and adjusted EBITDA guidance; exceeds adjusted

FORT MYERS, Fla., Nov. 23, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the fourth quarter and full year ended September 30, 2021, on Tuesday, December 7, 2021, before the market open. The Company will host a conference call to discuss its financial results on December 7, 2021, at 8:30 am Eastern Daylight Time. Interested parties may join the conference call by dialing (877) 407-0792 in the United States and (201) 689-8263 from outside of the United States. A telephone replay will be available approximately two hours after the call concludes and will be available through Tuesday, December

FORT MYERS, Fla., Aug. 05, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announces financial results for the third quarter of fiscal year 2021 and the nine months ended June 30, 2021, the highlights which are as follows: Final market prices per pound solids significantly increase in fiscal year 2021, with the Company's overall average realized/blended price up 31.7% to $2.45 per pound solid.Box production of fruit and average pound solids per box down from the previous year. Company generated approximately $33.6 million of net cash provided by operating activities in first nine months of fiscal 2021, a 59.1% increase as compared to the same period

FORT MYERS, Fla., July 22, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announced that the Company will release financial results for the third quarter ended June 30, 2021, on Thursday, August 5, 2021, before the market opens. The Company will host a conference call to discuss its financial results on August 5, 2021, at 8:30 am Eastern Daylight Time. Interested parties may join the conference call by dialing (866) 248-8441 in the United States and (323) 289-6576 from outside of the United States. A telephone replay will be available approximately two hours after the call concludes and will be available through Thursday, August 19, 2021. Listeners in

FORT MYERS, Fla., May 05, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (NASDAQ:ALCO) today announces financial results for the second quarter of fiscal year 2021 and the six months ended March 31, 2021, the highlights which are as follows: Market prices per pound solids have increased in fiscal year 2021, driven by increase in not-from-concentrate orange juice consumption and tighter citrus supply.Production of fruit and average pound solids per box are down from the previous year. Company modified fixed-rate term debt with Metlife and expects to reduce debt service between $5 million and $6 million per year until maturity in November 2029. Company closed a sales transa

FORT MYERS, Fla., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the fiscal quarter ended December 31, 2020, the highlights which are as follows: Not-from-concentrate orange juice consumption continues to be strong.Production of Early and Mid-Season fruit is down from the previous year. Market prices per pound solids increase in fiscal year 2021.Additional proceeds of $4.1 million received under the Florida Citrus Recovery Block Grant Program.Balance sheet remains strong with a working capital ratio of 3.21 to 1.00.Company reaffirms guidance of net income, EBITDA, adjusted net income and adjusted EBITDA for fis

FORT MYERS, Fla., Dec. 08, 2020 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the fourth quarter and fiscal year ended September 30, 2020, the highlights which are as follows: Company records net income attributable to Alico, Inc. common stockholders of $23.7 million and EBITDA of $51.8 million for the fiscal year 2020. After adjusting for certain non-recurring items, Company records adjusted net loss attributable to Alico, Inc. common stockholders of $1.2 million and adjusted EBITDA of $18.9 million.Company continues to execute land transactions with its latest purchase of 3,280 gross citrus acres. Proceeds from previous s