Innovative Food Holdings, Inc. Reports Financial Results for First Quarter 2024
Key first quarter data points: Revenue of $15.7 million, -5.7% vs. Q1 2023 Specialty Foodservice revenue +1.4% vs. Q1 2023, accelerating from -13.6% trend in Q4 Gross margin improved by 174 basis points to 24.4% vs. Q1 2023 GAAP net income from continuing …