Ah_老虎社区_美港股上老虎

starrys
2021-08-11

Ascend Wellness Holdings Beats on Q2 2021 Revenue, Increases Full-Year Net Revenue Guidance To $330-$350M

Vertically integrated cannabis company Ascend Wellness Holdings, Inc. (CSE: AAWH) (OTCQX: AAWH) revealed a 236.2% year-over-year and 28.5% sequential pop in gross revenue on Tuesday, which totaled $97.5 million in the second quarter of fiscal 2021, beating estimates by $4.5 million</

Ascend Wellness Holdings Beats on Q2 2021 Revenue, Increases Full-Year Net Revenue Guidance To $330-$350M

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

推荐
最新

暂无评论

热议股票

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"magic":2,"id":892762283,"tweetId":"892762283","gmtCreate":1628690292042,"gmtModify":1631890638269,"author":{"id":3555306185724245,"idStr":"3555306185724245","authorId":3555306185724245,"authorIdStr":"3555306185724245","name":"starrys","avatar":"https://static.tigerbbs.com/c5fdf02892a55030cf24ff3c4a3678c0","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":9,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>Ah</body></html>","htmlText":"<html><head></head><body>Ah</body></html>","text":"Ah","highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/892762283","repostId":2158282119,"repostType":4,"repost":{"id":"2158282119","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1628689621,"share":"https://www.laohu8.com/m/news/2158282119?lang=&edition=full","pubTime":"2021-08-11 21:47","market":"us","language":"en","title":"Ascend Wellness Holdings Beats on Q2 2021 Revenue, Increases Full-Year Net Revenue Guidance To $330-$350M","url":"https://stock-news.laohu8.com/highlight/detail?id=2158282119","media":"Benzinga","summary":"Vertically integrated cannabis company Ascend Wellness Holdings, Inc. (CSE: AAWH) (OTCQX: AAWH) revealed a 236.2% year-over-year and 28.5% sequential pop in gross revenue on Tuesday, which totaled $97.5 million in the second quarter of fiscal 2021, beating estimates by $4.5 million&lt;/","content":"Vertically integrated cannabis company Ascend Wellness Holdings, Inc. (CSE:AAWH) (OTCQX:AAWH) revealed a 236.2% year-over-year and 28.5% sequential pop in gross revenue on Tuesday, which totaled $97.5 million in the second quarter of fiscal 2021, beating estimates by $4.5 million.\nAccording to its latest earnings report, net revenue improved 26.1% sequentially to $83.4 million. For the six months ended June 30, net revenue was $149.5 million, a 4% increase from the same quarter of 2020. GAAP earnings per share were negative $0.30.\n\"Our business continues to produce impressive quarter-over-quarter revenue and adjusted EBITDA growth as we scale our wholesale and retail operations across the high-quality markets where we operate,\" Abner Kurtin, founder and CEO of the New York-based company, said.\nHere's a breakdown of what the second-quarter earnings report showed:\n<ul>\n <li>Gross profit amounted to $34.5 million, accounting for 41.4% of revenue, versus $29.7 million, or 44.9% of revenue in the prior period.</li>\n <li>Adjusted gross profit, a non-GAAP financial measure, was $39.6 million, or 47.5% of revenue.</li>\n <li>Adjusted Gross Profit margin,&nbsp; a non-GAAP financial measure, declined 174 basis points quarter-over-quarter to 47.5%.</li>\n <li>Total general and administrative expenses totaled $30.6 million, or 36.7% of revenue, compared to $25.1 million in the first quarter of 2021. The total for other expenses was $36.8 million.</li>\n <li>Net loss amounted to $44.9 million, or a loss of $0.30 per basic and diluted common share.</li>\n <li>Adjusted EBITDA, a non-GAAP financial measure, came in positive at $20.3 million, representing a 28.3% increase quarter-over-quarter.</li>\n <li>As of June 30, AWH had $104.2 million in cash and cash equivalents and total debt of $131.6 million.</li>\n</ul>\n<h3>Operational Milestones And 2021 Revenue Guidance</h3>\nOver the quarter, the company kicked off cannabis sales in three new stores&nbsp;in Boston, Massachusetts, Rochelle Park, New Jersey&nbsp;and Chicago Ridge, Illinois, bringing its retail footprint to 18 shops nationwide.\nIn addition, the company's management increased the 2021 full-year annual revenue guidance from a range of $320 million to $340 million to a range of $330 million to $350 million.\n\"We remain focused on executing, disciplined in our approach to allocating capital, and excited about the trajectory of the company,\" Kurtin added.\nIn July, AWH announced its debut on the OTCQX Best Market.\n<h3>Price Action</h3>\nAWH's shares were trading 0.07% lower at $11.0 per share at market close Tuesday.\nPhoto: Courtesy of Jeff W on Unsplash","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ascend Wellness Holdings Beats on Q2 2021 Revenue, Increases Full-Year Net Revenue Guidance To $330-$350M</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAscend Wellness Holdings Beats on Q2 2021 Revenue, Increases Full-Year Net Revenue Guidance To $330-$350M\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nBenzinga \n2021-08-11 21:47\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\nVertically integrated cannabis company Ascend Wellness Holdings, Inc. (CSE:AAWH) (OTCQX:AAWH) revealed a 236.2% year-over-year and 28.5% sequential pop in gross revenue on Tuesday, which totaled $97.5 million in the second quarter of fiscal 2021, beating estimates by $4.5 million.\nAccording to its latest earnings report, net revenue improved 26.1% sequentially to $83.4 million. For the six months ended June 30, net revenue was $149.5 million, a 4% increase from the same quarter of 2020. GAAP earnings per share were negative $0.30.\n\"Our business continues to produce impressive quarter-over-quarter revenue and adjusted EBITDA growth as we scale our wholesale and retail operations across the high-quality markets where we operate,\" Abner Kurtin, founder and CEO of the New York-based company, said.\nHere's a breakdown of what the second-quarter earnings report showed:\n<ul>\n <li>Gross profit amounted to $34.5 million, accounting for 41.4% of revenue, versus $29.7 million, or 44.9% of revenue in the prior period.</li>\n <li>Adjusted gross profit, a non-GAAP financial measure, was $39.6 million, or 47.5% of revenue.</li>\n <li>Adjusted Gross Profit margin,&nbsp; a non-GAAP financial measure, declined 174 basis points quarter-over-quarter to 47.5%.</li>\n <li>Total general and administrative expenses totaled $30.6 million, or 36.7% of revenue, compared to $25.1 million in the first quarter of 2021. The total for other expenses was $36.8 million.</li>\n <li>Net loss amounted to $44.9 million, or a loss of $0.30 per basic and diluted common share.</li>\n <li>Adjusted EBITDA, a non-GAAP financial measure, came in positive at $20.3 million, representing a 28.3% increase quarter-over-quarter.</li>\n <li>As of June 30, AWH had $104.2 million in cash and cash equivalents and total debt of $131.6 million.</li>\n</ul>\n<h3>Operational Milestones And 2021 Revenue Guidance</h3>\nOver the quarter, the company kicked off cannabis sales in three new stores&nbsp;in Boston, Massachusetts, Rochelle Park, New Jersey&nbsp;and Chicago Ridge, Illinois, bringing its retail footprint to 18 shops nationwide.\nIn addition, the company's management increased the 2021 full-year annual revenue guidance from a range of $320 million to $340 million to a range of $330 million to $350 million.\n\"We remain focused on executing, disciplined in our approach to allocating capital, and excited about the trajectory of the company,\" Kurtin added.\nIn July, AWH announced its debut on the OTCQX Best Market.\n<h3>Price Action</h3>\nAWH's shares were trading 0.07% lower at $11.0 per share at market close Tuesday.\nPhoto: Courtesy of Jeff W on Unsplash\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAWH":"Ascend Wellness Holdings, Inc.","QTWO":"Q2 Holdings Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158282119","content_text":"Vertically integrated cannabis company Ascend Wellness Holdings, Inc. (CSE:AAWH) (OTCQX:AAWH) revealed a 236.2% year-over-year and 28.5% sequential pop in gross revenue on Tuesday, which totaled $97.5 million in the second quarter of fiscal 2021, beating estimates by $4.5 million.\nAccording to its latest earnings report, net revenue improved 26.1% sequentially to $83.4 million. For the six months ended June 30, net revenue was $149.5 million, a 4% increase from the same quarter of 2020. GAAP earnings per share were negative $0.30.\n\"Our business continues to produce impressive quarter-over-quarter revenue and adjusted EBITDA growth as we scale our wholesale and retail operations across the high-quality markets where we operate,\" Abner Kurtin, founder and CEO of the New York-based company, said.\nHere's a breakdown of what the second-quarter earnings report showed:\n\nGross profit amounted to $34.5 million, accounting for 41.4% of revenue, versus $29.7 million, or 44.9% of revenue in the prior period.\nAdjusted gross profit, a non-GAAP financial measure, was $39.6 million, or 47.5% of revenue.\nAdjusted Gross Profit margin,  a non-GAAP financial measure, declined 174 basis points quarter-over-quarter to 47.5%.\nTotal general and administrative expenses totaled $30.6 million, or 36.7% of revenue, compared to $25.1 million in the first quarter of 2021. The total for other expenses was $36.8 million.\nNet loss amounted to $44.9 million, or a loss of $0.30 per basic and diluted common share.\nAdjusted EBITDA, a non-GAAP financial measure, came in positive at $20.3 million, representing a 28.3% increase quarter-over-quarter.\nAs of June 30, AWH had $104.2 million in cash and cash equivalents and total debt of $131.6 million.\n\nOperational Milestones And 2021 Revenue Guidance\nOver the quarter, the company kicked off cannabis sales in three new stores in Boston, Massachusetts, Rochelle Park, New Jersey and Chicago Ridge, Illinois, bringing its retail footprint to 18 shops nationwide.\nIn addition, the company's management increased the 2021 full-year annual revenue guidance from a range of $320 million to $340 million to a range of $330 million to $350 million.\n\"We remain focused on executing, disciplined in our approach to allocating capital, and excited about the trajectory of the company,\" Kurtin added.\nIn July, AWH announced its debut on the OTCQX Best Market.\nPrice Action\nAWH's shares were trading 0.07% lower at $11.0 per share at market close Tuesday.\nPhoto: Courtesy of Jeff W on Unsplash","news_type":1},"isVote":1,"tweetType":1,"viewCount":238,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}