Curaleaf gains on revenue beat, narrower loss

Curaleaf Holdings

08/11/2022 18:04

** Canada-based cannabis company Curaleaf Holdings Inc's
shares  CURA.CD  up 4.4% at C$7.55
    ** CURA reports a 7% jump in quarterly revenue; net loss
narrows to $51.5 mln from yr-ago $54.5 mln  urn:newsml:reuters.com:*:nCNWLYtG9a
    ** Co says this was the 19th quarter of consecutive retail
growth
    ** Revenue narrowly beats average analysts' estimates, but
net loss misses market estimates - Refinitiv Data
    ** Accounting for session gains, company's shares down 33%
YTD
 (Reporting by Arshreet Singh in Bengaluru)
 ((Arshreet.Singh@thomsonreuters.com))