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1st Q 2022 Earnings


JoeW
 JoeW
(@joew)
Eminent Member
Joined: 11 months ago
Posts: 22
Topic starter  

Revenue Grew 27% Year Over Year
Non-GAAP Adjusted EBITDA Grew 29% Year Over Year
Company Maintains Full Year 2022 Guidance:

  • Revenue of $145 million to $150 million.

  • Gross margin in line with fiscal 2021 gross margin of 54% to 55%

  • Non-GAAP Adjusted EBITDA of $47 million to $52 million.

  • Capital Expenditures of approximately $25 million.

“We ended the first quarter with a cash balance of $33.5M

https://finance.yahoo.com/news/marimed-reports-first-quarter-2022-200100062.html


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