Pro-Fac Announces First Fiscal Quarter 2009 Results
November 07 2008 - 1:00PM
PR Newswire (US)
FAIRPORT, N.Y., Nov. 7 /PRNewswire-FirstCall/ -- Pro-Fac
Cooperative, Inc. ("Pro-Fac" or the "Cooperative") (NASDAQ:PFACP),
an agricultural cooperative, filed its Report on Form 10-Q for the
fiscal quarter ended September 27, 2008 today with the Securities
and Exchange Commission. The Form 10-Q among other things includes
Pro-Fac's financial results for the first quarter of fiscal year
2009. For the fiscal quarter ended September 27, 2008, Pro-Fac had
a net loss of $0.2 million. The loss for the quarter ended
September 27, 2008, resulted primarily from normal operating
expenses of approximately $0.5 million, net of investment income
earned of $0.2 million and margin of $0.1 million. ABOUT PRO-FAC:
Pro-Fac Cooperative is an agricultural cooperative that markets
crops grown by its member-growers, including fruits (cherries,
apples, blueberries, and peaches), vegetables (snap beans, beets,
peas, sweet corn, carrots, cabbage, squash, asparagus and potatoes)
and popcorn. Only growers of crops marketed through Pro-Fac (or
associations of such growers) can become members of Pro-Fac.
Pro-Fac's Class A cumulative preferred stock is listed on The
Nasdaq Capital Market under the stock symbol, "PFACP". More
information about Pro-Fac can be found on its web site at
http://profaccoop.com/. DATASOURCE: Pro-Fac Cooperative, Inc.
CONTACT: Kevin Murphy of Pro-Fac Cooperative, Inc., +1-585-218-4210
Web Site: http://profaccoop.com/
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