EBITDA

Cannabis company Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) reported Monday that it has generated $14.3 million in revenue in the third quarter of this fiscal year. That’s a year-over-year increase of 94%. Moreover, consolidated revenue for the nine months ended Sept. 30 amounted to $...

Harborside Generates $19.6M In Q3, Expects To 'Ramp Up' Production Capacities In 2021 Harborside Inc. (CSE: HBOR) (OCTQX: HBORF) beat its third-quarter projections generating roughly $19.6 million in gross revenue. That's up by 21.2% sequentially and 42.9% year-over-year. Wholesale...

Medical Marijuana Touts Positive Adjusted EBITDA In Q3, Net Revenue Of $12.2 Million Medical Marijuana Inc. (PINK: MJNA) has generated $12.2 million in net revenue over the third quarter. That's a sequential increase of 11.25%. The earnings report came on the heels of entering the CBN...

Here is a summary of the latest company shakeups within the cannabis industry. Surfing Icon Rob Machado Endorses Ikänik Life Ikänik Life tapped icon Rob Machado to endorse the brand. The move comes on the heels of welcoming snowboarding phenom Toby Miller to its Action Sports CBD family....

Next Green Wave Holdings Inc. (​CSE: NGW​) (​OTCQX: NXGWF​) reported Thursday it has generated over $1.7 million in revenues for October. Its cash costs for the period amounted to around $700 000. The Vancouver-based company achieved positive adjusted EBITDA of roughly $1 million. Next Green Wave...

TILT Holdings Inc. (CSE: TILT) (OTCQB: TLLTF) revealed Wednesday its revenue for the third quarter may reach $41 million. That’s a sequential increase between 4% and 6%. According to its preliminary earnings report, adjusted EBITDA would be between $2.5 and $3 million. Moreover, it...

Here's a summary of the latest earnings updates in the cannabis industry: C21 Investments Reports "Significant Cash Flow" In Q2 Vertically integrated cannabis company C21 Investments Inc. (CSE: CXXI) (OTCQB: CXXIF) reported revenue of $9.4 million for the second quarter of this fiscal...

Matson, the largest U.S. domestic container carrier, said it is lowering its operating income projection for 2019. Matson operates liner services to Hawaii, Alaska, Guam and other islands in the Pacific Ocean as well as an express container service from China to the U.S. West Coast. It also has a...

Shares of GrubHub Inc (NYSE: GRUB) heavily sold off following its third-quarter earnings report despite a top-and-bottom line beat. The Analyst Stephens' Will Slabaugh maintains an Overweight rating on GrubHub with an unchanged $155 price target. The Thesis GrubHub, an online and mobile food...

Financial and accounting acronyms can be confusing and daunting, but they don't have to be. Two of the most commonly used acronyms that publicly companies reference is EBIT and EBITDA. EBIT refers to a company's Earnings Before Interest & Tax, while EBITDA refers to a company's Earnings Before...

Throughout 2014, Chiquita Brands International, Inc. (NYSE: CQB) has made headlines -- some positive, some negative. With all the talk about mergers, acquisitions, inversion and more, a quick review is in order. February 27: Q4 And Full-Year 2013 Report On February 27, Chiquita reported a...

Libbey (NYSE: LBY) on Thursday morning announced first quarter sales of $181.6 million versus $183.5 million for the same quarter last year and EBITDA was $20.1 million versus $26.2 million year over year. In an exclusive interview with Benzinga, Ken Boerger explained why investors look at...