Curaleaf Holdings (OTCMKTS:CURLF) Stock Falls After Uninspiring Q1 Results
Curaleaf Holdings (NASDAQ: CURLF) made news this week after the company released Q1 2017 results. The cannabis company’s revenue rose year-over-year thanks to solid growth in North America and Europe. However, the company missed on earnings, losing over $0.92 per share.
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Is Curlf an OTC?
Curaleaf Holdings (OTCMKTS:CURLF) Stock Falls After Uninspiring Q1 Results Curaleaf Holdings (OTCMKTS:CURLF) Stock Falls After Uninspiring Q1 Results (May 31, 2018) Coming off positive revenue growth in 2017, Curaleaf Holdings (OTCMKTS:CURLF) Stock fell over 38% in the aftermarket this week, after the company released lackluster guidance for Q2 2018. The medical marijuana company reported revenue of $1.0 million for the quarter, compared to $2.7 million in the year ago quarter. The company also reported a net loss of $1.7 million, compared to a loss of $1.4 million in the year-ago quarter.
Is Curaleaf a good stock?
Curaleaf Holdings Inc (OTCMKTS:CURLF) has seen its shares crash after the company released its first-quarter financial results. The company reported a loss of $0.01 per share in the quarter, compared with a loss of $0.07 per share in the year-ago period. Revenue was $18.9 million, down from $20.7 million in the first-quarter of 2017. Analysts had been looking for a loss of $0.04 per share on revenue of $21.4 million. Curaleaf Holdings (OTCMKTS:CURLF) Stock Falls After Uninspiring Q1 Results. Curaleaf Holdings (OTCMKTS:CURLF) is a medical marijuana company that is focused on the production, sale, and distribution of marijuana products. In Q1, Curaleaf Holdings’ revenues for the quarter were $1.1 million, which is a decrease of 99% over Q1 last year. The company reported that this decline was due to a decline in average selling price, which was partially offset by the inclusion of additional sales from an acquisition. Unfortunately, the company’s guidance for Q2 is not very inspiring either. Curaleaf Holdings forecasted that it will generate $2.2
Will Curlf go up?
Curaleaf Holdings (OTCMKTS:CURLF) stock dropped as much as 25% Tuesday after reporting its second quarter earnings. The company reported a loss of $14.7 million, or $0.14 per share, compared to a loss of $9.1 million, or $0.09 per share, in the same period last year. Revenue for the quarter ended June 30, 2018, was $34.6 million, compared to $32.9 million in the same quarter a year ago. Curaleaf Holdings (OTCMKTS:CURLF) Stock Falls After Uninspiring Q1 Results. Curaleaf Holdings (OTCMKTS:CURLF) Holdings Limited (CURLF) (“Curaleaf” or “Company”) today reported financial results for the three months ended March 31, 2014. In this release, management also announced a change in its auditors. Curaleaf Holdings (OTCMKTS:CURLF) (“Curaleaf” or “Company”) today reported financial results for the three months ended March 31, 2014. In this release, management also announced a change in its auditors.
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