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CRON $3.23 +0.47%
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CRON · Cronos Group Inc.
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$3.23 +0.02 (+0.47%) At close · Oct 2
Market Cap
$1.21B
Shares
368.41M
Volume · Oct 2 1.24M Avg daily vol (3M) 1.13M
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Earnings call · FY2023 Q1

Cronos Group Inc. (CRON) Q1 2023 Earnings Call

Concluded May 9, 2023
May 9, 2023 0 turns
Period
FY2023 Q1
Runtime
—
Sources
2 artifacts

Executive readout · one minute

Webcast research workspace

Read the call alongside every captured source. 8-K earnings release, 10-Q stay in one workspace.

Forward guidance

3 guided metrics

Management's latest ranges and targets are included below.

Research coverage

2 live sources

Open each available source without leaving this research workspace.

Revenue $19.50M -22.1% YoY
Diluted EPS -$0.05
Gross margin 15.0% -12.7 pp YoY
Net income -$19.17M

Research materials

Open the source you need; every reader stays inside this workspace.

Forward guidance

From the 8-K filed May 9, 2023.

Metric Guided Actual
Net revenue Initiated
full-year 2023
$100M – $110M $87.24M below
Operating expense savings Initiated
full-year 2023
$10M – $20M —
Interest income
last nine months of fiscal year 2023
$30M —

Quarter detail

How the reported period landed and where the business moved.

Revenue · segments

Rest of World Segment$19.50M -14.1% YoY
United States Segment$649,000 -72.1% YoY
Full-screen source Call document