Marijuana Operator TerrAscend To Report Quarterly Earnings Soon, Hear From Its Top Exec At Benzinga Cannabis Conference
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 08 2024
0mins
Should l Buy ?
Source: Benzinga
TerrAscend Conference Call Announcement: TerrAscend Corp. will hold a conference call on November 6, 2024, to discuss its third-quarter financial results, following a report of $77.5 million in net revenue for Q2 2024, marking a 7.5% increase from the previous year.
Financial Strategies and Share Buyback: The company secured a $140 million term loan to reduce higher-interest debt and announced a $10 million share repurchase program, reflecting confidence in future growth and commitment to enhancing shareholder value.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
