Local Bounti (NYSE:LOCL) reported quarterly losses of $(4.01) per share which missed the analyst consensus estimate of $(2.13) by 88.26 percent. The company reported quarterly sales of $10.242 million which missed the analyst consensus estimate of $12.750 million by 19.67 percent. This is a 50.40 percent increase over sales of $6.810 million the same period last year.