iAnthus Capital Holdings (TSE:IAN) has released an update.
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iAnthus Capital Holdings reported a revenue of $40.3 million for the third quarter of 2024, marking a decline of 6.3% from the previous quarter and 6.1% year-over-year. Despite this, the company saw a significant improvement in gross profit, which increased by 35.5% compared to the same quarter last year, although it faced a net loss of $11.6 million for the period.
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