2023-04-19 18:58:08 ET
- Curaleaf Holdings ( OTCPK:CURLF ) had made adjustments to its 2022 and 2021 financial statements that impact revenue in both years.
- For 2022, the result is a 0.75% reduction in aggregate revenue. For 2021, it is a 1.25% reduction.
- As a result, the company projects its Q4 2022 revenue will be ~$352M and FY 2022 revenue will be ~$1.3B.
- Curaleaf plans to file its audited FY 2022 consolidated financial statements by May 1. It expects to release its unaudited financial results for the quarter ended March 31 on or around May 17.
- Read why Seeking Alpha contributor Stone Fox Capital recently reiterated a strong buy rating for Curaleaf ( OTCPK:CURLF ).
For further details see:
Curaleaf lowers revenue in 2022, 2021 financial statements