OTCQB:CANB - Post by User
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AveragePennyon Sep 03, 2021 11:25am
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Post# 33809271
Can B Corp Reports 96% YoY Revenue Growth
Can B Corp Reports 96% YoY Revenue Growth Resumption and surge of elective surgeries impacted revenue.
For the six months ending June 30, 2021, revenue was $0.7 million, which is a 9% decline compared to $0.8 million in Q2 2020. Can B saw a rebound and revenue increase in Q2 2021 compared to prior periods because of the surge and resumption of elective surgeries. Gross profit was $0.4 million, dropping by $0.2 million from a year ago with a gross margin of 52.7%.
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https://ih.advfn.com/stock-market/USOTC/can-b-qb-CANB/stock-news/85981033/canb-can-b-corp-reports-96-yoy-revenue-growth-i