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Day: May 23, 2023

Acreage Reports First Quarter 2023 Financial Results

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

Achieved Ninth Consecutive Quarter of Positive Adjusted EBITDA Received Shareholder Approval for Strategic Arrangement with Canopy and Canopy USA Gained Access to Additional Funding Through Amendments to Credit Facility NEW YORK, May 22, 2023 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF), a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., today reported its financial results for the first quarter ended March 31, 2023 (“Q1 2023”). First Quarter 2023 Financial HighlightsConsolidated revenue of $56.0 million for Q1 2023. Gross margin was 48% for Q1 2023, an increase from 35% in the fourth quarter of 2022 (“Q4 2022”). Excluding the impact of non-cash inventory adjustments, gross margin for...

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Kornit Digital to Participate in 20th Annual Craig-Hallum Institutional Investor Conference

Written by Customer Service on . Posted in Public Companies.

ROSH-HA`AYIN, Israel, May 22, 2023 (GLOBE NEWSWIRE) — Kornit Digital Ltd. (“Kornit” or “the Company”) (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionX and textile production technologies, announced today that the Company will conduct one-on-one meetings at the 20th Annual Craig-Hallum Institutional Investor Conference. Kornit Digital’s Global Head of Investor Relations, Andrew G. Backman, will host one-on-one meetings with investors on Wednesday, May 31st, 2023, at the Depot Renaissance Hotel Minneapolis. Interested investors should contact their Craig-Hallum representative directly to schedule a meeting. About Kornit Digital Kornit Digital Ltd. (NASDAQ: KRNT) is a worldwide market leader in sustainable, on-demand, digital fashionx and textile production technologies. The Company is writing...

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