Brief: Charlotte's Web Holdings Posts Q2 Earnings Per Share of $0.02

Charlotte's Web Holdings

14/08/2019 11:55

Aug 14 (Reuters) - Charlotte's Web Holdings Inc  CWEB.CD :
    * CHARLOTTE'S WEB HOLDINGS REPORTS 2019 Q2 EARNINGS
    * Q2 EARNINGS PER SHARE $0.02
    * Q2 REVENUE $25 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$27.8
MILLION
    * Q2 EARNINGS PER SHARE ESTIMATE $0.04 -- REFINITIV IBES
DATA
    * SEES FY 2019 REVENUE $120 MILLION TO $170 MILLION
    * CHARLOTTE'S WEB - FORECAST REVENUE GROWING AT A FASTER
PACE THAN
OPERATING EXPENSES IN BACK HALF OF YEAR
    * EXPECTING CONTINUED TOP-LINE REVENUE GROWTH DURING LAST
HALF OF
YEAR

Source text for Eikon:  ID:nCNW1X4BDa 
Further company coverage:  CWEB.CD 

 ((Reuters.Briefs@thomsonreuters.com;))