earnings
confidence high
sentiment negative
materiality 0.70
22nd Century Q2 revenue falls 48.6% to $4.1M; operating loss widens
22nd Century Group, Inc.
2025-Q2 EPS reported
-$47.38
revenue$10,039,000
- Net revenues $4.1M, down 48.6% YoY from $7.9M and sequentially from $6.0M.
- Operating loss widened to $3.0M from $2.0M YoY; net loss stable at $3.3M.
- Diluted EPS from continuing ops ($13.16) vs ($843.98) in Q2 2024 due to reverse split.
- Reduced debt by $1.0M to $3.8M; cash $3.1M; net debt $0.7M.
- Pinnacle VLN shipments to almost 1,000 stores of top-5 c-store chain; sales expected Sept 1.