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GNLN — Greenlane Holdings News Story

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

* Greenlane Holdings Inc  GNLN.OQ  reported a quarterly adjusted
loss of 36 cents​​ per share for the quarter ended in March. The
mean expectation of four analysts for the quarter was for a loss
of 7 cents per share.
* Revenue rose 0.4% to $34.01 million from a year ago;  analysts
expected $36.26 million. 
* Greenlane Holdings Inc's reported EPS for the quarter was a
loss of 28 cents​.
* The mean earnings estimate of analysts had fallen by
about 90.9% 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 32.0% this
quarter and lost 8.8% so far this year.
* The company reported a quarterly loss of $4.26 million.
* Wall Street's median 12-month price target for Greenlane
Holdings Inc is $7.50 
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
This summary was machine generated May 17 at 11:34 p.m. GMT.
​All figures in US dollars

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