Earnings release
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SunOpta NEWS RELEASE SunOpta Announces Fourth Quarter Fiscal 2020 Financial Results 3/3/2021 Revenue from continuing operations increased 10.4 % , with growth across both segments Gross margin from continuing operations improved 360 basis points Adjusted EBITDA increased 84 % to $ 20.6 million ( $ 26.5 million with divested Global Ingredients segment ) MINNEAPOLIS -- ( BUSINESS WIRE ) -- SunOpta Inc. ( " SunOpta " or the " Company " ) ( Nasdaq : STKL ) ( TSX : SOY ) , a leading healthy food and beverage company focused on plant - based foods and beverages and fruit - based foods and beverages , today announced financial results for the fourth quarter ended January 2 , 2021 . All amounts are expressed in U.S. dollars and results are reported in accordance with U.S. GAAP , except where specifically noted . The Company's financial results presented below reflect the divestiture of Tradin Organic ( Global Ingredients segment ) on December 30 , 2020 , unless otherwise indicated . Tradin Organic has been reported as discontinued operations for the current and prior periods . Fourth Quarter 2020 : • Revenues of $ 205.6 million from continuing operations for the fourth quarter of 2020 compared to $ 186.1 million in the fourth quarter of 2019 , an increase of 10.4 % . Gross margin increased 360 basis points to 15.5 % from 11.9 % in the prior year . • Earnings attributable to common shareholders were $ 70.2 million or $ 0.78 per share in the fourth quarter of 2020 , compared to a loss attributable to common shareholders of $ 7.6 million or $ 0.09 per share in the fourth quarter of 2019. This includes earnings from continuing and discontinued operations . • Adjusted earnings attributable to common shareholders were $ 1.2 million or $ 0.01 per diluted common share in the fourth quarter of 2020 , compared to a loss of $ 5.6 million or $ 0.06 per diluted common share in 1