Trulieve posts wider-than-expected fourth-quarter loss as revenue comes up short

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Trulieve posts wider-than-expected fourth-quarter loss as revenue comes up short
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Trulieve Cannabis Corp. said Wednesday it had a net loss of $77 million, or 40 cents a share, in the fourth quarter, wider than the loss of $72 million, or...

Trulieve Cannabis Corp. CA:

said Wednesday it had a net loss of $77 million, or 40 cents a share, in the fourth quarter, wider than the loss of $72 million, or 48 cents a share, posted in the year-earlier period. Excluding one-time items, its adjusted loss per share came to 18 cents, wider than the 8 cent FactSet consensus. Revenue fell 1% to $302 million from $305 million, just below the $307 million FactSet consensus.

said Wednesday it had a net loss of $77 million, or 40 cents a share, in the fourth quarter, wider than the loss of $72 million, or 48 cents a share, posted in the year-earlier period. Excluding one-time items, its adjusted loss per share came to 18 cents, wider than the 8 cent FactSet consensus. Revenue fell 1% to $302 million from $305 million, just below the $307 million FactSet consensus.

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