TerrAscend Reports First Quarter 2024 Financial Results marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Net Revenue of $89.2 million, an increase of 34.7% year-over-year and 23.7% sequentially Gross Profit margin of 53.6%, a 340-basis point sequential improvement from 50.2% in Q2 2023 Adjusted.
TerrAscend Reports First Quarter Net Sales of USD $53.4 Million and Adjusted EBITDA of USD $22.6 Million
Raises full year 2021 guidance for Net Sales to exceed USD $300 million and Adjusted EBITDA to exceed USD $128 million 2 Substantial cash balance of USD $234 million provides ample support for future growth initiatives TerrAscend Corp. a leading North American cannabis operator, today reported financial results for its first quarter ending March 31 2021. First Quarter 2021 Financial Highlights 2 Net Sales … Raises full year 2021 guidance for Net Sales to exceed USD $300 million and Adjusted EBITDA to exceed USD $128 million 2 Substantial cash balance of USD $234 million provides ample support for future growth initiatives