Local Bounti (NYSE:LOCL) reported quarterly losses of $(4.21) per share which missed the analyst consensus estimate of $(2.87) by 46.69 percent. The company reported quarterly sales of $10.07 million which missed the analyst consensus estimate of $10.95 million by 8.04 percent. This is a 46.66 percent increase over sales of $6.87 million the same period last year.