Trulieve posts narrower-than-expected first-quarter loss as revenue falls slightly short of estimates

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Trulieve posts narrower-than-expected first-quarter loss as revenue falls slightly short of estimates
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Trulieve Cannabis Corp. said Wednesday it had a net loss of $64 million, o 34 cents a share, in the first quarter, wider than the loss of $32 million, or 16...

Trulieve Cannabis Corp.

said Wednesday it had a net loss of $64 million, o 34 cents a share, in the first quarter, wider than the loss of $32 million, or 16 cents a share, posted in the year-earlier period. Excluding one-time items, the Tallahassee, Fla.-based company had an adjusted loss of 11 cents a share, narrower than the FactSet consensus for a loss of 16 cents a share. revenue fell 9% to $289 million, just below the $293 million FactSet consensus.

said Wednesday it had a net loss of $64 million, o 34 cents a share, in the first quarter, wider than the loss of $32 million, or 16 cents a share, posted in the year-earlier period. Excluding one-time items, the Tallahassee, Fla.-based company had an adjusted loss of 11 cents a share, narrower than the FactSet consensus for a loss of 16 cents a share. revenue fell 9% to $289 million, just below the $293 million FactSet consensus.

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