Greenlane Holdings Inc reports results for the quarter ended in December - Earnings Summary

Greenlane Holdings

16/05/2023 06:28

* Greenlane Holdings Inc  GNLN.OQ  reported a quarterly
adjusted
loss of $1.02​​ per share for the quarter ended in December. The
lone analyst forecast for the quarter was for a loss of $1.64
per share.
    * Revenue fell 60.8% to $21.99 million from a year ago;
analysts
expected $27.68 million. 
    * Greenlane Holdings Inc's reported EPS for the quarter was
a loss
of $1.02​.
    * The mean earnings estimate of analysts had fallen by
about 46.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Greenlane Holdings Inc shares had fallen by 7.6% this
quarter and gained 16.9% so far this year.
    * The company reported a quarterly loss of $13.26 million.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
16 at 05:27 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -1.64          -1.02          Beat
 Sep. 30 2022      -1.20          -11.43         Missed
 Jun. 30 2022      -0.93          -2.27          Missed
 Mar. 31 2022      -1.35          -1.40          Missed