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Curaleaf and Canopy Growth miss Q3 analyst marks while Ascend Wellness beats forecasts

Por: MarketWatch Business November 10, 2023

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Curaleaf’s third-quarter revenue rose to $333.17 million from $324.64 million, but missed the analyst estimate of $340.2 million. One contributor to Curaleaf’s loss was its increased cost of goods sold, which rose to $183.12 million in the third quarter, from $158.12 million in the year-ago quarter. On the plus side, the company also booked $33 million in free cash flow from continuing operations. Curaleaf’s stock is down 29.3% in 2023,... + full article



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