Alico reaffirms adjusted EBITDA guidance near $14M while reporting $52.9M cash at quarter-end for fiscal 2026 Q2.
Alico Inc. set a $40 million year-end cash target after reporting $52.9 million in cash at the end of Q2 fiscal 2026. The company posted net income of $11.4 million and adjusted EBITDA of $16.9 million for the quarter.
Management maintained its adjusted EBITDA guidance of approximately $14 million for the year. The quarter’s results reflect continued operational execution, extending the company’s financial runway.
No immediate market reaction was disclosed in the earnings call summary.