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
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.
Discover Tomorrow's Bullish Stocks Today
Receive free daily stock recommendations and professional analysis to optimize your portfolio's potential.
Sign up now to unlock expert insights and stay one step ahead of the market trends.
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.
