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Barfresh Food Group, Inc. - $BRFH STOCK NEWS

Welcome to our dedicated page for Barfresh Food Group news (Ticker: $BRFH), a resource for investors and traders seeking the latest updates and insights on Barfresh Food Group stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Barfresh Food Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Barfresh Food Group's position in the market.

Rhea-AI Summary
Barfresh Food Group Inc. expands its presence in the education channel by securing new school districts and locations.
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Barfresh Food Group to host business update call on October 26, 2023.
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Barfresh Food Group Inc. reports revenue of $1.5 million and gross margins of 31% in the second quarter of 2023. The company has secured over $1.6 million in revenue for the third quarter and expects revenue in the range of $2.6 million to $3.0 million. They anticipate achieving breakeven adjusted EBITDA for the third quarter and positive adjusted EBITDA for the fourth quarter. The company is expanding its smoothie carton production, with capacity expected to increase to 25-30 million units per year in the second half of 2023. They continue to expect record revenue in fiscal 2023 and year-over-year margin improvement.
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Barfresh Food Group, Inc.

Nasdaq:BRFH

BRFH Rankings

BRFH Stock Data

23.40M
6.60M
37.59%
19.47%
0.2%
Soft Drink Manufacturing
Manufacturing
Link
United States of America
LOS ANGELES

About BRFH

barfresh (ootc: brfh), the leader in ready-to-blend frozen beverages, manufactures and distributes whirl class blended smoothies, shakes and frappes in a way that has transformed the blended beverage industry. in 2005, founder and ceo riccardo delle coste recognized an exploding interest in the “better for you” beverage segment, so he created barfresh. since 2009, frozen beverages have been the fastest growing category - not to mention, a $25 billion dollar industry - with smoothies representing one of the highest gross profit margins. today, as consumer demand increases for healthier alternatives, two major problems arise for restaurants and foodservice operators that want to serve blended beverages - labor costs and product waste both make it all but impossible for this booming category to be profitable. until now. the barfresh process is the first patent pending system in the u.s. that combines all the ingredients of a blended beverage into individually pre-portioned packs. barfresh