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Benzinga
Benzinga
Business
Joana Scopel

Ayr Wellness: Analyst Reduces Price Target And Stays Neutral After Q3 Results

Ayr Zuanic AYR Wellness Inc

On Thursday, Ayr Wellness Inc. (CSE:AYR) (OTCQX:AYRWF) reported its financial results for the third quarter that ended September 30, 2022, with revenue of $119.6 million, up by 24.4% from $96.2 million in the same period of 2021.

Jonathan Sandelman, founder and CEO of Ayr, said the company “executed on its growth and profitability objectives during the third quarter, with our financial results largely in line with expectations.”

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