Research Note ā Rubicon Organics
Our team has published a research note on Rubicon Organicsā¢. ROMJ reported Q2 results that exceeded our expectations, with revenue of $18.5M (+23% YoY, +35% QoQ) vs. our estimate of $16.8M. Adjusted EBITDA was $1.1M for the quarter vs. our expected $0.2M, and the Company returned to positive net income of $0.4M. $ROMJ
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