AYR Wellness Reports Third Quarter 2023 Results Revenue up 5% Y/Y to $114.4 Million, Excluding Discontinued Operations
GAAP Loss from Operations Improved 92% Y/Y to ($1.5) Million, Excluding Discontinued Operations
Generated over $20 Million of Operating Cash Flow in the Third Quarter
Adjusted EBITDA1 up 52% Y/Y to $28.4 Million, with Adjusted EBITDA Margin of 25%
MIAMI, Nov. 16, 2023 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), is reporting financial results for the third quarter ended September 30, 2023. Unless otherwise noted, all results are presented in U.S. dollars.
AYR Wellness Reports Third Quarter 2023 Results (globenewswire.com)