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Blue Star Foods Reiterates 2024 Forecast Of L Ateast 65% Revenue Growth With Annual Run-Rate Of Greater Than $20M

Author: Benzinga Newsdesk | September 06, 2024 09:01am

This forecast is based on a current pipeline of existing and additional business that remains strong, and is supported by the following:

Initiated roll-out gourmet meals made in USA for U.S. Military.
Currently harvesting weekly at the land-based steelhead salmon farm.
Increasing inventory levels in anticipation of revenue acceleration.
Launched plans to improve its soft-shell crab operations by introducing cutting-edge technology that combines Artificial Intelligence (AI) with Ultraviolet (UV) light technology to revolutionize the industry's standard molting crab identification process.

Posted In: BSFC