Record second quarter 2023 Net Revenue of $72.1 million, up 12.7% year-over-year and 3.9% sequentially, representing the 7th consecutive quarter of sequential growth
Gross Profit Margin increased to 50.2% compared to 48.8% in Q1 2023
Company expects full year 2023 Net Revenue and Adjusted EBITDA from continuing operations1 of at least $305 million and $58 million, respectively
Second quarter 2023 earnings conference call scheduled for August 10, 2023 at 5 p.m. ET
TORONTO, Aug. 01, 2023 (GLOBE NEWSWIRE) -- TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND) (OTCQX: TSNDF), a leading North American cannabis company, today announced preliminary and unaudited financial results for its second quarter ended June 30, 2023. All amounts are in U.S. dollars.
TerrAscend Preannounces Strong Second Quarter 2023 Revenue (globenewswire.com)