Cresco Labs (CNSX:CL) Stock Turns Profitable But Margin Durability Remains Unclear
Simply Wall St reports Cresco Labs’ Q2 results shifted to profitability, with revenue of US$173.3m (vs. US$166.1m), net income of US$16.8m (vs. a US$16.3m loss), and basic EPS of US$0.045. Adjusted EBITDA was US$40m, with a 22.8% margin and 51.6% adjusted gross margin. Operating cash flow was US$15m vs capex US$9m, while management guided Q3 EBITDA margin near 20%.

