Pot firm Cronos gains on smaller Q1 loss

Cronos

09/05/2024 13:55

** U.S.-listed shares of cannabis company Cronos Group
 CRON.O  rise 3.8% to $2.67 premarket
    ** Co's Q1 net loss narrows to $2.5 million from $18 million
last year
    ** Posts Q1 revenue of $25.3 million compared with $19.5
million a year earlier
    ** Posts Q1 loss of 1 cent per share vs 5 cents loss per
share a year earlier
    ** Upto last close, stock up 23.4% YTD

 (Reporting by Vallari Srivastava in Bengaluru)
 ((Srivastava.Vallari@thomsonreuters.com;))