Ianthus Capital Holdings (OTC) (TSE:IAN) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
iAnthus Capital Holdings reported a modest revenue growth in the first quarter of 2024, with an increase of 1.7% from the previous quarter and 13.1% year-over-year to reach $41.6 million. The company saw its gross profit rise to $17.2 million, indicating a steady upward trend. Despite these gains, a net loss of $14.0 million was reported, though this figure marks an improvement from larger losses in both the preceding quarter and the same period in the previous year.
For further insights into TSE:IAN stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue