Marijuana Operator TerrAscend To Report Quarterly Earnings Soon, Hear From Its Top Exec At Benzinga Cannabis Conference
Marijuana Operator TerrAscend To Report Quarterly Earnings Soon, Hear From Its Top Exec At Benzinga Cannabis Conference
Executive chairman North American cannabis company TerrAscend Corp. (TSX:TSND) (OTCQX:TSNDF) will host a scheduled conference call to discuss the results for its third quarter ended Sept. 30, 2024 on Wednesday, Nov. 6, 2024, at 5:00 pm Eastern Time.
北美大麻公司TerrAscend Corp. (TSX:TSND) (OTCQX:TSNDF) 將於2024年9月30日星期三下午5:00舉行已安排的電話會議，討論其第三季度業績結果。
The company will report its financial results for the third quarter of 2024 the same day after the market closes.
該公司將於當天市場收盤後報告2024年第三季度的財務業績。
In early August, TerrAscend reported net revenue of $77.5 million for the second quarter of 2024, reflecting a 7.5% increase compared to $72.1 million in the same period in 2023.
今年8月初，TerrAscend報告2024年第二季度淨營業收入爲7750萬美元，同比增長7.5%，高於2023年同期的7210萬美元。
Executive chairman Jason Wild highlighted the company's material revenue and EBITDA growth during the quarter, positive free cash flow and a strategic focus on geographic expansion supported by a recently secured $140 million term loan.
執行主席Jason Wild強調了該公司在本季度內的重要營業收入和EBITDA增長，積極的自由現金流以及最近獲得的14000萬美元的長期貸款支持的戰略重點是地理擴張。
Read Also: TerrAscend Cannabis Co Shares Expansion Plans On Water Tower Research Podcast
了解更多：TerrAscend大麻公司股票擴張計劃在Water Tower Research播客中討論
- Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter here. If you're serious about the business, you can't afford to miss out.
- 獲取Benzinga獨家分析和大麻股行業和市場每日頭條資訊，免費訂閱我們的新聞簡報。如果您對業務認真，不能錯過。請在此訂閱我們的新聞簡報。
The company completed the second and final draw of $26 million earlier this month as part of its $140 million senior secured term loan, initially announced in August 2024. The loan, managed by FocusGrowth Asset Management, LP, was used to pay down higher-interest debt in Michigan, helping the company strengthen its financial position.
該公司本月早些時候完成了14000萬美元高級擔保長期貸款的第二次和最後一次提取，最初於2024年8月宣佈。由FocusGrowth資產管理公司管理的貸款被用於償還密歇根州的高息債務，幫助公司加強其財務狀況。
In the meantime, the company also announced a $10 million share repurchase program in August, marking the first stock buyback initiative by TerrAscend, authorized by its board of directors under a normal course issuer bid (NCIB).
與此同時，公司還宣佈了一項價值$1000萬的股份回購計劃，該計劃於8月啓動，這是TerrAscend首次進行的股票回購計劃，由其董事會根據正常的大宗交易者要約(NCIB)授權。
Wild said the move "demonstrates our confidence in TerrAscend's future and commitment to enhancing shareholder value. As famed investor Benjamin Graham famously stated, 'In the short run, the market is a voting machine, but in the long run, it's a weighing machine.'"
Wild表示，這一舉動"表明我們對TerrAscend未來的信心，並致力於增強股東價值。正如著名投資家本傑明·格雷厄姆所說：'在短期內，市場是一個投票機制，但長期來看，它是一個稱重機制。'"
Wild is slated to speak at this week's Benzinga cannabis event in Illinois. The 19th Benzinga Cannabis Capital Conference, coming to Chicago this Oct. 8-9.
Wild被安排在本週的Benzinga大麻活動中發言，該活動將於10月8-9號在伊利諾伊州舉行。第19屆Benzinga大麻資本大會將於今年10月8-9日在芝加哥舉行。
- Multi-billion-dollar Fund Manager Ross Gerber Will Discuss Cannabis And Its Financial Future At This Key Chicago Event
- 億萬美元基金經理Ross Gerber將在這次芝加哥重要活動中討論大麻及其財務未來。
TSNDF Price Action
TSNDF股價走勢
TerrAscend's shares traded 0.81% higher at $1.24 per share at the time of writing on Tuesday.
在撰寫本文時，TerrAscend的股價爲每股$1.24，較星期二略有上漲0.81%。
