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Plantations International U.S.: Higher expenses press Limoneira revenue in Q2
Plantations International Information U.S.: Higher expenditures press Limoneira revenue in Q2 June 10, 2016 < div readability="86.285481903213" > California-based fruit business Limoneira (NASDAQ: LMNR) saw its EBITDA reduced by almost a 3rd year-on-year in the 2nd quarter of 2016, going down to US$ 3.4 million. The decline could mostly be connected to higher agribusiness expenses as well as a postponed avocado deal relative to 2015, as both volumes as well as rates were up for the company's primary earnings source-- lemons. Avocado earnings was down by even more compared to 70% at US$ 1.2 million, but lemon sales increased by US$ [...]
