AAWH - Ascend Wellness reports strong preliminary Q3 results new leadership appointments

2023-10-25 07:29:15 ET

• Ascend Wellness ( OTCQX:AAWH ) Wednesday reported record revenue for the 6th consecutive quarter, with net revenue up nearly 15% sequentially to approximately $140 million.
• Reported sequential adjusted EBITDA growth ranging from $27 to $29 million.
• The company intends to provide further details on the quarter following the release of its official results on November 7.
• The company also announced the appointment Mark Cassebaum as Chief Financial Officer and resignation of Dan Neville.
• Named Chris Holzer as Chief of Operations, and Denise Pedulla as Chief Legal Officer and Corporate Secretary.
• Source: Press Release

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