Greenlane Reports Q1 2022 Revenue of $46.5 Million, Up 37% Year-over-Year
Greenlane Holdings, Inc. - Class A (GNLN)
Last greenlane holdings, inc. - class a earnings: 3/30 07:13 am
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Source: Accesswire
Company on Track to Achieve Positive Adjusted EBITDA by Q3 2022BOCA RATON, FL / ACCESSWIRE / May 17, 2022 / Greenlane Holdings, Inc. ("Greenlane" or "the Company") (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today reported financial results for the first quarter ended March 31, 2022 ("Q1 2022").Recent HighlightsTotal revenue for Q1 2022 increased 37% to $46.5 million, compared to $34.0 million for Q1 2021.Strengthened leadership diversity and industry expertise with the appointments of Darsh Dahya as Chief Accounting Officer and Renah Persofsky as Board DirectorEntered agreement with Universal Distribution to distribute Greenlane Brands in Latin AmericaCompleted a reduction in force in March 2022, which is expected to result in approximately $8.0 million in annualized cash compensation cost savingsManagement Commentary"Building on a record and transformational 2021, we made meaningful
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News
- Greenlane Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1) [Yahoo! Finance]Yahoo! Finance
- Greenlane Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)Accesswire
- Charging Corridors, Stations Will Support Heavy-Duty EV Trucks [Yahoo! Finance]Yahoo! Finance
- Greenlane Announces 280-mile Corridor of Commercial EV Charging Stations from Los Angeles to Las Vegas [Yahoo! Finance]Yahoo! Finance
- Greenlane Renewables Announces Fourth Quarter and Fiscal Year 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
GNLN
Earnings
- 8/15/23 - Miss
GNLN
Sec Filings
- 4/23/24 - Form 8-K
- 4/1/24 - Form NT
- 3/27/24 - Form 8-K
- GNLN's page on the SEC website