secwatch / observer
8-K filed August 10, 2023, 7:59 PM ET ticker ZSTK CIK 0001790169
earnings confidence high sentiment negative materiality 0.70

Flora Growth Q2 revenue up 140% to $21.5M; net loss $44.6M includes $34.9M impairment

ZeroStack Corp.

2023-Q2 EPS reported -$7.21 revenue$40,779,000

Executive movements

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Departed

Beverley Richardson

board member
ZSTK · ZeroStack Corp.
Effective
2023-08-09
Filed
August 10, 2023, 7:59 PM ET
On August 9, 2023, Beverley Richardson tendered her resignation as board member of the Company with such resignation becoming effective on August 9, 2023.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

ZeroStack Corp. reported three and six months ended June 30, 2023 results: revenue $40.8 million, net income Net loss of $48.5 million.

Period
three and six months ended June 30, 2023
Revenue
$40.8 million
Net income
Net loss of $48.5 million
Result
reported results
Exact text from the filing
to prioritize Flora as a leading consumer brand globally,” said Clifford Starke, Chief Executive Officer. Financial and Operating Highlights for the Quarter Flora generated $21.5 million in revenue, a 140% increase year-over-year. Gross profit increased 19% year-over-year, to $4.0 million. Net loss of $44.6 million. Net loss in the quarter includes the impact of
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 1.0

ZeroStack Corp. reported three and six months ended June 30, 2023 results: revenue $40.8 million, net income Net loss of $48.5 million.

Period
three and six months ended June 30, 2023
Revenue
$40.8 million
Net income
Net loss of $48.5 million
Result
reported results
Exact text from the filing
Flora generated $40.8 million in revenue, a 210% increase year-over-year. Gross profit for increased 68% year-over-year, to $9.3 million. Net loss of $48.5 million.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 1.0

Beverley Richardson resigned as board member at ZeroStack Corp..

Action
resigned
Role
board member
Exact text from the filing
On August 9, 2023, Beverley Richardson tendered her resignation as board member of the Company with such resignation becoming effective on August 9, 2023.
View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

ZeroStack Corp. filing history →

Source: SEC EDGAR
accession 0001062993-23-016170
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