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Delta 9 Cannabis GAAP EPS of -$0.04, revenue of $17.5M misses by $0.44M

Aug. 16, 2022 12:30 AM ETDelta 9 Cannabis Inc. (DLTNF) Stock, DN:CA StockBy: Meghavi Singh, SA News Editor1 Comment
  • Delta 9 Cannabis press release (OTCQX:DLTNF): Q2 GAAP EPS of -$0.04.
  • Revenue of $17.5M (+4.5% Y/Y) misses by $0.44M.
  • Gross profit of $4.6M for the second quarter of 2022, a decrease of 6%, from $4.9M for the same quarter last year.
  • Adjusted EBITDA (loss) of -$0.4M for the second quarter of 2022 versus an adjusted EBITDA of $1.2M for the same quarter last year.

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