Greenlane Posts Quarterly Net Loss Of $9M, Announces Stock Buyback [Yahoo! Finance News]
Greenlane Holdings, Inc. - Class A (GNLN)
Last greenlane holdings, inc. - class a earnings: 3/30 07:13 am
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Source: Yahoo! Finance News
Greenlane Posts Quarterly Net Loss Of $9M, Announces Stock Buyback Cannabis Greenlane Holdings, Inc. The larger loss was mainly because of a higher cost of sales, bigger depreciation and amortization expenses and investments in people and equipment, the company said in a press release. justed EBITDA was a loss of $3.4 million for the quarter versus an adjusted EBITDA gain of $900,000 in the same quarter in 2018. Greenlane also posted quarterly net sales of $44.9 million, up 3% from $43.6 million in the third quarter of 2018. Greenlane's board approved a stock repurchase program for up to $5 million in Class A common stock, the company said. View more earnings on GNLN “In the third quarter, we continued to focus on our three strategic pillars of growing our supply and packaging business, enhancing our portfolio of owned brands, and expanding our direct-to-consumer operations to drive sustainable long-term growth,” Aaron LoCascio, Greenlane’s chairman and chief executive officer, said i
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News
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- 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