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Benzinga
Benzinga
Business
Nicolás Jose Rodriguez

TerrAscend Reports 3Q 2022 Financial Results: Net Revenue Up 36.4% YoY

TerrAscend TerrAscend Corp Pinnacle

On Monday, TerrAscend Corp. (CSE:TER) (OTCQX:TRSSF) reported its financial results for the third quarter ending September 30, 2022.

"We took decisive action to reduce our operating expenses in the quarter while still generating record sales. These factors combined to drive substantial improvement in adjusted EBITDA margins quarter over quarter and positive cash flow from operations," Jason Wild, executive chairman of TerrAscend said in a press release.

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