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Leafly Holdings Reports Q2 Financials, Emphasizes Efficiency

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Leafly Holdings, Inc. (LFLY) has released an update.

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Leafly Holdings, Inc. reported a second quarter 2024 revenue of $8.7 million with a net loss of $1.3 million, alongside a modest adjusted EBITDA of $0.5 million. Despite a revenue decrease from Q2 2023, the company highlighted an improvement in gross margin and a reduction in total operating expenses, signaling a strategic focus on cost discipline and operational efficiency.

For further insights into LFLY stock, check out TipRanks’ Stock Analysis page.

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