TerrAscend Reports Fourth Quarter and Full Year 2023 Financial Results

Thursday, 14 March 2024, 20:27

TerrAscend released its financial results for the fourth quarter and full year of 2023, reporting a miss in both GAAP EPS by $0.20 and revenue by $2.85M. The company's performance fell below expectations, indicating potential challenges in the market. Investors should closely monitor TerrAscend's future developments to assess its recovery prospects.
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TerrAscend Reports Fourth Quarter and Full Year 2023 Financial Results

TerrAscend Reports Fourth Quarter and Full Year 2023 Financial Results

TerrAscend recently announced its financial results for the fourth quarter and full year of 2023. The company reported a miss in GAAP EPS by $0.20 and revenue by $2.85M.

Key Highlights:

  • GAAP EPS Miss: -$0.33 (vs. -$0.13 expected)
  • Revenue Miss: $317.3M (vs. $320.15M expected)

This performance signals potential challenges for TerrAscend, requiring a closer examination of its strategies and market dynamics to regain investor confidence.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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