Nov. 8 at 4:10 PM
Schwazze (
$SHWZ) – Reports Preliminary 3Q24 Results
Preliminary 3Q24 Results. Last night, Schwazze reported preliminary 3Q24 results. We believe the ongoing audit of past results is likely causing a delay in reporting results. According to the release, 3Q24 revenue is expected to be approximately
$42 million, and adjusted EBITDA is expected to be approximately
$11 million. In 3Q23, Schwazze reported revenue of
$46.7 million and adjusted EBITDA of
$14.1 million. We had estimated revenue of
$44.5 million and adjusted EBITDA of
$10.3 million.
Read more: https://www.channelchek.com/news-channel/schwazze-shwz-reports-preliminary-3q24-results