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ACRDF - Acreage Holdings GAAP EPS of -$0.20 revenue of $61.42M
Acreage Holdings Inc Sub Vtg Shs Cl D
Acreage Holdings ( OTCQX:ACRDF ): Q3 GAAP EPS of -$0.20.
Revenue of $61.42M (+27.6% Y/Y).
Gross margin of 35% compared to 50% in the second quarter of 2022 (“Q2 2022”). Excluding non-cash inventory adjustments, gross margin was 45% for Q3 2022.
Adjusted EBITDA was $8.8 million in Q3 2022, compared to $6.5 million in the third quarter of 2021 (“Q3 2021”).
Adjusted EBITDA as a percentage of consolidated revenue was 14% for Q3 2022.