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Benzinga
Benzinga
Business
Nina Zdinjak

Cantor Fitzgerald Lowers Price Target On Curaleaf Stock Post Q3 Earnings

Curaleaf Cantor Fitzgerald Pablo Zuanic

Curaleaf Holdings, Inc. (OTCQX:CURLF) released its financial and operating results for the third quarter ended September 30, 2022, revealing total revenue increased by 7% to $340 million during the third quarter of 2022, compared to $317 million in the third quarter of 2021.

Gross profit was $153 million, compared to $182.7 million in the third quarter of 2021, while net loss amounted to $54.7 million, versus a net loss of $56.9 million in the corresponding quarter of last year.

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