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ACRGF - Acreage Holdings GAAP EPS of -$0.12 revenue of $56.9M misses by $0.6M
Acreage Holdings
Acreage Holdings press release (OTCQX:ACRGF): Q1 GAAP EPS of -$0.12. Revenue of $56.9M misses by $0.6M. Gross margin of 52% compared to 48% in Q4 2021, and 54% in Q1 2021. Adjusted EBITDA* was $8.6 million in Q1 2022, compared to $1.6 million in Q1 2021. Adjusted EBITDA* as a percentage of consolidated revenue was 15.2% for the first quarter of 2022.