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SunOpta NEWS RELEASE SunOpta Announces Third Quarter Fiscal 2021 Financial Results 11/10/2021 TM 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 third quarter ended October 2 , 2021 . All amounts are expressed in U.S. dollars and results are reported in accordance with U.S. GAAP , except where specifically noted . ● Plant - Based revenue growth of 16.0 % , driving 3.6 % total Revenue growth Loss from continuing operations was $ 3.0 million vs. loss of $ 3.9 million in Q3 2020 Adjusted EBITDA increased 8.4 % to $ 15.6 million Third quarter 2021 highlights : Revenues of $ 198.5 million for the third quarter of 2021 increased 3.6 % reflecting 16.0 % growth in plant based foods and beverages partially offset by a 9.7 % decline in fruit - based foods and beverages . • Gross margin decreased 220 basis points to 11.8 % from 14.0 % in the third quarter of 2020 , reflecting temporary supply chain challenges and incremental depreciation expense . • Loss from continuing operations was $ 3.0 million compared to a loss from continuing operations of $ 3.9 million in the third quarter of 2020. The loss included $ 2.8 million of business development , facility consolidation and project costs for capacity expansion . Adjusted earnings¹ attributable to common shareholders was $ 1.1 million or $ 0.01 per diluted common share in the third quarter of 2021 , compared to an adjusted loss of ( $ 5.8 ) million or ( $ 0.06 ) per diluted common share in the third quarter of 2020 . Adjusted EBITDA¹ of $ 15.6 million , or 7.9 % of revenues for the third quarter of 2021 , was up 8.4 % versus $ 14.4 million or 7.5 % of revenues in the third quarter of 2020 . ● ● 1