Green Thumb Industries Reports Strong Q1 Results, Revenue Up 7.4% to $300.2M, Repurchases $78M in Shares
Cannabis operator Green Thumb Industries (GTBIF) reported robust first-quarter results, with revenue increasing 7.4% year-over-year to $300.2 million. The company generated $76 million in operating cash flow and $15.4 million in GAAP net income. Green Thumb also announced significant share repurchases, buying back approximately 6 million shares for $33.3 million in Q1, and an additional 7.4 million shares post-quarter, bringing total repurchases this year to nearly $78 million. Analysts note the company's financial strength, ending Q1 with $344.5 million in cash and $289.9 million in total debt, positioning it as a well-managed entity in the cannabis sector.
Source:Yahoo财经 · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
What Is POLA? Background and Investment Risk Analysis of the Pola On Base Project
-
2
Iran-linked exchange Shelbit allegedly sent $676 million to Binance in sanctions-evasion operation, Reuters reports
-
3
Analysis Compares Healthcare ETFs: Invesco Nasdaq Biotech ETF (IBBQ) Saw 45.5% One-Year Return, Outperforming State Street Healthcare Select Sector SPDR ETF (XLV)
-
4
Claiming Social Security benefits at age 62 instead of 67 can reduce monthly payments by 30%, potentially costing average retirees $150,000 over 20 years.
-
5
What Is DuckChain (DUCK)? An Analysis of Its Future Prospects
-
6
Flow (FLOW) Blockchain: A Layer-1 Platform Empowering NFTs, Gaming, and AI
-
7
Analysis of CSPR Token Value: The Positioning, Technology, and Market Performance of the Casper Blockchain
-
8
BSV Price Trends and Future Outlook: Bitcoin—Can SV Return to the Mainstream?
-
9
Analysis: Roundhill N-100 0DTE Covered Call ETF (QDTE) Payouts May Include Return of Capital, Trailing Nasdaq-100 Performance
-
10
Sanctioned Russian Ship "Mikhail Britnev" Reportedly Delivered Military Vehicles to Mali, Defying US Sanctions
Markets Today
Recommended Reading







