Cronos rises as it swings to positive net income in Q4

Cronos

27/02/2025 15:15

** Shares of Canadian cannabis co Cronos Group CRON.TO up 4% at C$1.92

** CRON posts Q4 net income of $43.9 million compared with a loss of $45.1 million a year earlier

** Q4 adj. core loss narrows to $7.2 million from $14.7 million a year ago

** CRON posts Q4 revenue of $30.3 million compared with $23.9 mln a year ago

** Including session's moves, shares down 5.2% YTD

 (Reporting by Katha Kalia)

 ((katha.kalia@thomsonreuters.com))