good natured Products Inc. provided earnings guidance for the second quarter ended June 30, 2022. For the quarter, the company's Preliminary revenue for Second Quarter 2022 is anticipated at $24.0 million to $26.0 million, an increase of approximately 95% to 110%, compared to $12.4 million for the three months ended June 30, 2021. The growth in revenue in Second Quarter 2022 was driven by strong organic growth with new customer additions, including a National U.S. food producer announced in October 2021, increases in average selling price per unit and contribution from the Ex-Tech Plastics acquisition completed in May 2021.
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- Good Natured Products Inc. Provides Earnings Guidance for the Second Quarter Ended June 30, 2022