iAnthus Q2 revenue $43M (+11% YoY); net loss narrows to $9.8M from $20.1M

iANTHUS CAPITAL HOLDINGS, INC.

2024-Q2 EPS reported $0.00 revenue$84,563,000

Revenue of $43.0M, up 3.5% sequentially and 11.1% YoY.
Gross profit $20.7M (48.1% margin); up 12.5% YoY; sequential margin +673 bps.
Net loss $9.8M vs $14.0M Q1 2024 and $20.1M Q2 2023; basic EPS < -$0.01.
Adjusted EBITDA $8.9M, up from $3.2M Q1 2024 and $3.9M Q2 2023.

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