Greenlane Hldgs Q2 EPS $(6.06) Up From $(25.46) YoY, Sales $82.000K Down From $788.000K YoY
Greenlane Hldgs (NASDAQ:GNLN) reported quarterly losses of $(6.06) per share. This is a 76.2 percent increase over losses of $(25.46) per share from the same period last year. The company reported $82.000 thousand in
Greenlane lost less money per share than last year, which is good progress—but their total sales dropped a lot, from $788 million to $82 million. When a company loses less money but sells way less stuff, it's a mixed sign worth watching to see if sales can bounce back.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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