
Mission Produce, Inc. reported its fourth-quarter fiscal year 2024 earnings, revealing a total revenue of $354.4 million, a 37% increase year-over-year, and net income of $17.3 million, or $0.24 per diluted share, compared to $4.0 million, or $0.06 per diluted share, for the same period last year. The adjusted earnings per share (EPS) for the quarter was $0.28, surpassing estimates of $0.22. The company's strong performance was attributed to high avocado prices, which contributed to a 160% profit surge. In related news, Humacyte, Inc. received FDA approval for SYMVESS, a first-in-class bioengineered vessel for treating extremity vascular trauma. The approval has led to a surge in Humacyte's stock, which rose by 61% in pre-market trading. SYMVESS is designed as an off-the-shelf alternative to autologous vein grafts, aimed at improving outcomes in limb-threatening vascular trauma. The FDA emphasized that this acellular tissue engineered vessel is intended for use when urgent revascularization is necessary and traditional grafts are not feasible.



Stocks soaring high on Friday 📈 Big moves in the market today! The Dow Jones gained 300+ points, and several stocks are riding the wave of success. 🔼 Mission Produce $AVO skyrocketed 22.3% after beating earnings estimates with $354.4M in revenue! 🥑 🔼 Humacyte $HUMA jumped…
人の培養血管製品を初承認 - 米FDA、重傷者に移植 https://t.co/LIOTF7FHYo
🚀 Stocks soaring high on Friday 📈 Big moves in the market today! The Dow Jones gained 300+ points, and several stocks are riding the wave of success. 🔼 Mission Produce $AVO skyrocketed 22.3% after beating earnings estimates with $354.4M in revenue! 🥑 🔼 Humacyte $HUMA…