- Clever Leaves press release ( NASDAQ: CLVR ): Q2 Revenue of $4.7M (+28.1% Y/Y) misses by $0.85M .
- Based on sustained commercial momentum across its target markets, the Company continues to expect its full year 2022 revenue to be within the range of $20 million and $25 million, with adjusted gross margin expected to range between 50% and 55%. Clever Leaves also expects adjusted EBITDA to range between $(23) million and $(20) million. In addition, the Company expects approximately $2 million to $3 million of annual capital expenditures.
For further details see:
Clever Leaves reports Q2 results