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Curaleaf Reports Q4 2023 Adjusted Loss of US$5 Million
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Curaleaf Reports Q4 2023 Adjusted Loss of US$5 Million
Mar 6, 2024 1:22 PM

04:12 PM EST, 03/06/2024 (MT Newswires) -- Curaleaf ( CURLF ) reported its Q4 2023 results on Wednesday, after market close.

The company, which reports in US$, generated quarterly net revenue of $345.3 million, 1% higher than last year's $340.2 million.

Net loss attributable to Curaleaf Holdings, Inc. ( CURLF ) excluding discontinued operations, of $57.7 million or $(0.08) per share, was narrower than Q4 2022's net loss of $176 million, or $(0.24) per share.

Adjusted net loss from continuing operations attributable to Curaleaf Holdings ( CURLF ) was $5.0 million or $(0.01) per adjusted share. Curaleaf ( CURLF ) had reported adjusted loss of $49 million, or $(0.07) per adjusted share last year.

As of December 31, 2023, the company had $91.8 million of cash and $587.8 million of outstanding debt net of unamortized debt discounts.

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