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International Expansion Still Major Growth Driver For Canadian Cannabis Co. Avant, Reports 4% YoY Increase In Q2 Net Revenue
Wednesday, July 17, 2024 - 10:09am | 530Cannabis producer Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA: 1BUP) reported its financial results on Monday for the second quarter ended May 31, 2024. The British Columbia-based company said in a press release that it has achieved "significant financial milestones driven by strategic...
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California Cannabis Co. Blum Reports $33M In 2023 Revenue After Wrapping Up Restructuring
Tuesday, February 6, 2024 - 11:59am | 465California cannabis company Blum Holdings, Inc. (OTCQB:UNRVD) reported its preliminary and unaudited financial results on Tuesday for the fiscal year and quarter ended December 31, 2023. Revenue from continuing operations for FY 2023 totaled $33 million, following a year of restructuring and...
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Leafly's Q2 2023 Earnings Report Highlights Positive EBITDA Amid Revenue Dip
Thursday, August 10, 2023 - 6:32pm | 346Leafly Holdings Inc. (NASDAQ: LFLY), an online cannabis discovery marketplace, reported its Q2 2023 financial results Thursday afternoon. Yoko Miyashita, Leafly’s CEO, attributed the performance to strategic focus and enhanced customer experiences. "Our second quarter results...
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Planet 13 Reports Q1 Loss, Strong CA Sales Offset Seasonal Decline, Hangs On To Nevada Market Share
Monday, May 15, 2023 - 11:13pm | 404Planet 13 Holdings Inc. (CSE: PLTH) (OTC: PLNHF) announced its financial results late Monday for the quarter that ended March 31, 2023. "Planet 13 started the year with consistent results notwithstanding overall economic conditions. In Q1 we saw a stabilization in cannabis prices...
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Stem Holdings Sees Cannabis Earnings Rise, Aims For Positive Adjusted EBITDA in 2022
Friday, January 14, 2022 - 5:49pm | 341After the market closed on Thursday, Stem Holdings, Inc. (OTCQX: STMH) (CSE: STEM), a publicly-traded U.S. cannabis company, reported its financial results for the 2021 fiscal year ending in September with revenue totaling $41.8 million. This was an increase of 155% versus the 2020 fiscal year...
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Flags Waving As Holiday Approaches, With Tesla Quarter Showing Unexpected Strength
Wednesday, July 3, 2019 - 10:00am | 2262Wall Street parades into July 4 with stocks at record highs and with jobs data and earnings season straight ahead. At the same time, small-cap stocks are lagging a bit and Treasury yields continue to forecast some caution. The situation now is one that many are struggling to understand. Yesterday...
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WABCO Holdings Beats Quarterly Consensus EPS, Misses Revenue Expectations
Monday, February 18, 2019 - 12:29pm | 503WABCO Holdings Inc. (NYSE: WBC) beat Wall Street's consensus fourth quarter expectations of non-GAAP earnings per share (EPS) of $1.98 by over 7 percent and GAAP EPS of $1.97 by over 11 percent according to Seeking Alpha. Quarterly non-GAAP diluted EPS increased over 6 percent Y/Y from $2....
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WMT's Q1 EPS Beats Guidance And Street View
Tuesday, May 18, 2010 - 9:25am | 255Wal-Mart Stores Inc (NYSE: WMT) reported its Q1 earnings at $0.88 a share, beating the company's latest guidance and the consensus of $0.85 a share. WMT’s net sales for the quarter appreciated by 6% to $99.1 billion. Net sales of ‘Walmart International’ climbed over 21% on a reported basis and...
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Lowe's Falls After Announcing Lower-Than-Expected Forecasts For Q2
Monday, May 17, 2010 - 9:08am | 186The second largest US home improvement chain, Lowe's Cos Inc (NYSE: LOW), have slid more than 3% in pre-market trading, despite reporting stronger-than-anticipated results for its fiscal first quarter. The main reason that is pulling down the company’s stock is the sluggish quarterly outlook. LOW...
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Lowe's Falls After Announcing Lower-Than-Expected Forecasts For Q2
Monday, May 17, 2010 - 8:18am | 186The second largest US home improvement chain, Lowe's Cos Inc (NYSE: LOW), has slid more than 3% in pre-market trading, despite reporting stronger-than-anticipated results for its fiscal first quarter. The main reason that is pulling down the company’s stock is the sluggish quarterly outlook. LOW...
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WFMI Shares Jump As Q2 Profits Beat Street Expectations
Thursday, May 13, 2010 - 10:38am | 97Whole Foods Market (NASDAQ: WFMI) reported its Q2 profit ahead of the Street expectations. The company has also raised its forecasts for the full year on the return of its wealthy customers. The Austin, Texas-based foods grocer said its Q2 profits for the quarter roughly doubled to $0.39 per share...
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Dr Reddy's Swings To Profits In FQ4
Thursday, May 6, 2010 - 9:05am | 124Drugmaker Dr Reddy's Laboratories (NYSE: RDY) said that it swung to profits of $37 million, or $0.20 a share, in its fiscal fourth quarter, as compared to a loss of $218 million, or $1.30 a share, in the same quarter a year ago. RDY’s revenues fell 17% to $365 million. The company’s adjusted net...
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IntercontinentalExchange Q1 Profits Jump 43% Exceeding Expectations
Wednesday, May 5, 2010 - 9:12am | 152IntercontinentalExchange Inc (NYSE: ICE) said its first-quarter profits jumped 43% as futures trading in the hot energy and agricultural sectors rose sharply. ICE, which also runs clearinghouses in North America and Europe, said its profits for the quarter climbed to $103.5 million, or $1.36 a...
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TEVA’s Q1 Net Jumps 58%; Beats Analyst Expectations
Tuesday, May 4, 2010 - 8:03am | 226Teva Pharmaceutical Industries Ltd (NASDAQ: TEVA) reported a 58% jump in its first-quarter net income, as the sales of the company’s multiple-sclerosis drug Copaxone continued to be robust sales. Jerusalem drugmaker TEVA’s net came in at $713 million, or $0.79 a share, up from $451 million, or $0....
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UBS Turns Profitable In Q1; Beats Forecasts
Tuesday, May 4, 2010 - 6:33am | 241UBS (NYSE: UBS) Tuesday announced that it has swung to profits in the first quarter, aided by strong recovery in its investment bank. UBS’ investment arm has returned to health after writing off over $50 billion during the financial crisis. The Swiss banking giant said it has made 2.2 billion...