earnings
confidence high
sentiment positive
materiality 0.70
TerrAscend prelim Q4 net revenue $74.4M, gross margin 50.2%, positive cash flow
TerrAscend Corp.
2024-FY EPS reported
-$0.28
revenue$306,677,000
- Net revenue of $74.4M, up 0.3% QoQ from Q3 2024's $74.2M.
- Gross profit margin 50.2%, up 140 bps from 48.8% in Q3 2024.
- Generated positive cash flow from operations in Q4 2024.
- Retained #1 market share in New Jersey for all 2024 quarters (BDSA).
- Signed Ohio Ratio Cannabis deal, expected to close Q1 2025, entering 6th state.