Cansortium revenue of $16.5M misses by $1M
May 02, 2022 4:56 PM ETCansortium Inc. (CNTMF)By: Anuron Mitra, SA News Editor2 Comments
- Cansortium press release (OTCQX:CNTMF): preliminary Q4 revenue of $16.5M (+12.2% Y/Y) misses by $1M.
- Preliminary Q4 expected adjusted EBITDA increased 55% to $5.1M.
- Sees Q1 2022 revenue increase 33% Y\Y to $20.1M.
- Sees 2022 revenue to range between $90M-$95M.
- Sees 2022 adj. EBITDA to range between $25M-$28M.