AppHarvest to Report Third Quarter 2022 Performance

Rhea-AI Summary

AppHarvest, a sustainable food company, will announce its third-quarter 2022 financial results on November 7, 2022. The announcement will be followed by a conference call and webcast at 4:30 p.m. ET to discuss the results. Investors can access the call through the company's website, with a replay available afterward. AppHarvest operates large high-tech indoor farms in Appalachia, focusing on producing affordable, nutritious produce while using significantly less water than traditional farming methods. The company is expanding its operations with additional farms set to be operational soon.

MOREHEAD, Ky., Oct. 24, 2022 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ: APPH, APPHW), a sustainable food company, public benefit corporation and Certified B Corp building some of the world’s largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced that it will release its financial results for the third quarter 2022 on Monday, November 7, 2022. The company will host a post-market conference call and webcast to review its results the same day at 4:30 p.m. ET.

The conference call will be streamed over the internet and accessible through the “Investor Relations” section of the AppHarvest website at https://investors.appharvest.com. To join the live call, please register here for the dial-in number and a personal PIN code. An audio-only replay of the webcast will be available on the company’s website approximately 90 minutes after the end of the conference call for 30 days.

About AppHarvest  
AppHarvest is a sustainable food company in Appalachia developing and operating some of the world’s largest high-tech indoor farms with robotics and artificial intelligence to build a reliable, climate-resilient food system. AppHarvest’s farms are designed to grow produce using sunshine, rainwater and up to 90% less water than open-field growing, all while producing yields up to 30 times that of traditional agriculture and preventing pollution from agricultural runoff. AppHarvest currently operates its flagship farm – about the size of 50 football fields – in Morehead, Ky., producing tomatoes. The company is developing a network of farms to produce a variety of vine crops, salad greens and berries with three more farms currently under construction that are expected to be operational by the end of 2022. For more information, visit https://www.appharvest.com/.  

Forward-Looking Statements 
Certain statements included in this news release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words or phrases such as “will,” “expect,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. All statements, other than statements of present or historical fact included in this press release, regarding AppHarvest’s intention to build high-tech CEA farms, the anticipated benefits of and production at such facilities, including implementation of a phased approach at each facility, timing and availability of tomatoes, salad greens and other produce at top national grocery stores, restaurants, and food service providers, anticipated benefits of the third season harvest, AppHarvest’s future financial performance, as well as AppHarvest’s growth and evolving business plans and strategy, ability to capitalize on commercial opportunities, future operations, estimated financial position, projected costs, prospects, plans and objectives of management are forward-looking statements. These statements are based on various assumptions, whether or not identified in this news release, and on the current expectations of AppHarvest’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of AppHarvest. These forward-looking statements are subject to a number of risks and uncertainties, including those discussed in the company’s Quarterly Report on Form 10-Q filed with the SEC by AppHarvest on August 3, 2022, under the heading “Risk Factors,” and other documents AppHarvest has filed, or that AppHarvest will file, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, forward-looking statements reflect AppHarvest’s expectations, plans, or forecasts of future events and views as of the date of this press release. AppHarvest anticipates that subsequent events and developments will cause its assessments to change. However, while AppHarvest may elect to update these forward-looking statements at some point in the future, AppHarvest specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing AppHarvest’s assessments of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. 

Media Contact: Darla Turner, Darla.Turner@appharvest.com
Investor Contact: AppHarvestIR@appharvest.com

FAQ

When will AppHarvest release its third-quarter 2022 financial results?

AppHarvest will release its third-quarter 2022 financial results on November 7, 2022.

What time is the AppHarvest conference call scheduled for?

The AppHarvest conference call is scheduled for 4:30 p.m. ET on November 7, 2022.

How can I listen to the AppHarvest Q3 2022 financial results call?

The conference call can be accessed via the 'Investor Relations' section of the AppHarvest website.

What is the significance of the AppHarvest conference call?

The conference call will provide insights into AppHarvest's financial performance and business updates for Q3 2022.

What is AppHarvest's approach to sustainable farming?

AppHarvest utilizes high-tech indoor farms to grow produce using up to 90% less water than traditional farming.

How does AppHarvest's production compare to traditional agriculture?

AppHarvest's farms can yield up to 30 times more produce than traditional agriculture.

What types of crops is AppHarvest growing?

AppHarvest primarily grows tomatoes and is developing farms for salad greens, vine crops, and berries.