- Farmmi Inc (NASDAQ:FAMI) has bagged a new sales order that will be exported to Guam.
- The order is for Farmmi’s dried Shiitake mushrooms and black Mu Er mushrooms.
- “This latest order is from one of our long-term customers for multiple products to one of the many markets we are developing worldwide,” said Chairwoman and CEO Yefang Zhang.
- The company said it benefits from new revenue streams like cotton and corn businesses.
- Farmmi is an agricultural products supplier, processor, and retailer of edible mushrooms like Shiitake and Mu Er, as well as other agricultural products.
- Price Action: FAMI shares are trading lower by 2.40% at $1.01 on the last check Tuesday.
IT Spending, Public Cloud, Observability, Cybersecurity Demand For 2023 Is Concerning According To This Analyst
Mizuho analyst Gregg Moskowitz recently hosted a conference call with a senior account executive at a large tech transformation vendor.
The expert cited a generally softer demand environment in April and May due to macro challenges. He became bullish in recent months, characterized by solid demand in June and July.
