Jushi Q3 preliminary revenue $72.8M (+34.9% YoY); net loss $52.9-62.8M incl. impairment

Jushi Holdings Inc.

2022-Q3 EPS reported -$0.61 revenue$207,462,000

Total revenue $72.8M, up 34.9% YoY but flat vs Q2 2022.
Net loss expected $52.9-62.8M, including non-cash impairment charge of $35-49M.
Adjusted net loss (ex-impairment) $28.1M; Adjusted EBITDA $0.7M.
Cash and cash equivalents $31.1M as of quarter end.
Company files for extension on Q3 Form 10-Q filing.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Jushi Holdings Inc. reported the quarter ended September 30, 2022 results: revenue $72.8 million, net income $52.9 to $62.8 million (net loss).

Period: the quarter ended September 30, 2022
Revenue: $72.8 million
Net income: $52.9 to $62.8 million (net loss)
Result: preliminary results

Exact text from the filing

Total revenue of $72.8 million, an increase of 34.9% year-over-year, and flat as compared to the quarter ended June 30, 2022 (“Q2 2022”) Gross profit of $27.7 million, an increase of 18.9% year-over-year and 4.0% as compared to Q2 2022 Net loss in the range of $52.9 to $62.8 million

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Source: SEC EDGAR

accession 0001171843-22-007431

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