Local Bounti (NYSE:LOCL) reported quarterly losses of $(0.38) per share which beat the analyst consensus estimate of $(0.60) by 36.67 percent. This is a 90.97 percent increase over losses of $(4.21) per share from the same period last year. The company reported quarterly sales of $12.457 million which missed the analyst consensus estimate of $15.000 million by 16.95 percent. This is a 23.70 percent increase over sales of $10.070 million the same period last year.