Cresco Labs Posts Strong Quarter: Revenue Jumps 17.7% To $210M Beating Estimates, Positive Adjusted EBITDA, Reaffirms Guidance
Multi-state cannabis operator Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) announced its second-quarter financial results on Friday with revenue of $210.0 million beating Seeking Alpha estimates of $195.29 million. The revenue grew 17.7% from the previous quarter, and 122.8% year-over-year.
