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Flora Growth Q1 2024 Earnings Report

Flora Growth logo
$1.05 +0.04 (+3.96%)
(As of 12/20/2024 05:40 PM ET)

Flora Growth EPS Results

Actual EPS
-$0.28
Consensus EPS
-$0.22
Beat/Miss
Missed by -$0.06
One Year Ago EPS
N/A

Flora Growth Revenue Results

Actual Revenue
$18.03 million
Expected Revenue
$19.04 million
Beat/Miss
Missed by -$1.01 million
YoY Revenue Growth
N/A

Flora Growth Announcement Details

Quarter
Q1 2024
Time
N/A

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Flora Growth Earnings Headlines

Flora Growth Raises $3.6 Million in Stock Offering
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Flora Growth Ends Agreement with Aegis Capital
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About Flora Growth

Flora Growth (NASDAQ:FLGC), together with its subsidiaries, engages in the growth, cultivation, and development of medicinal cannabis and medicinal cannabis derivative products worldwide. It operates through three segments: House of Brands, Commercial and Wholesale, and Pharmaceuticals. The company cultivates, processes, and supplies medicinal-grade cannabis flower, and cannabis derived medical and wellness products. It also offers food and beverage, nutraceuticals, cannabis accessories and technology, personal care, and wellness; cannabidiol (CBD) derived products, such as gummies, topicals, tinctures, and vape products; cannabis consumption accessories, personal storage, and travel accessories for the vape and dry herbs. In addition, the company manufactures and distributes pharmaceutical goods and medical cannabis products to treat a variety of health indications, including drugs related to cancer therapies, attention-deficit/hyperactivity disorder, multiple sclerosis, and anti-depressants. The company sells its products under the JustCBD, Vessel, and Phatebo brands. Flora Growth Corp. was incorporated in 2019 and is based in Fort Lauderdale, Florida.

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