2023-05-30 09:11:26 ET
- Decibel Cannabis press release ( OTCQB:DBCCF ): Q1 Non-GAAP EPS of $0.01.
- Revenue of $27.1M (+62.8% Y/Y).
- Adjusted EBITDA of $6.8 million in the first quarter of 2023, with a sequential decline of 4% over the prior quarter and year over year growth of 175%. This marks Decibel's eleventh quarter of consecutive quarterly positive adjusted EBITDA.
- Record Adjusted Net Income (2) of $3.3 million in the first quarter of 2023, with sequential growth of 87% over the prior quarter and a year over year improvement of $5.0 million.
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Decibel Cannabis Non-GAAP EPS of $0.01, revenue of $27.1M