Brief: Charlotte's Web Reports Q1 Net Loss Of $0.06 Per Share

Charlotte's Web Holdings

16/05/2022 21:05

May 16 (Reuters) - Charlotte's Web Holdings Inc  CWEB.TO :
    * CHARLOTTE'S WEB DELIVERS OPERATING IMPROVEMENTS ON LOWER
REVENUE
IN FIRST QUARTER OF 2022
    * FOR QUARTER ENDED MARCH 31, 2022, CONSOLIDATED NET REVENUE
WAS
$19.4 MILLION, A DECREASE OF 17.3% VERSUS $23.4 MILLION IN
Q1-2021
    * NET LOSS AND COMPREHENSIVE LOSS FOR QUARTER WAS $8.6
MILLION, OR
$0.06 PER SHARE ON A BASIC AND DILUTED BASIS
    * Q1 REVENUE VIEW $23.5 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nCNWpdGRva 
Further company coverage:  CWEB.TO 

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