Executive readout · one minute
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CRON
$3.25
+1.25%
CRON
· Cronos Group Inc.
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 Q2
Cronos Group Inc. (CRON) Q2 2023 Earnings Call
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
$19.02M
-11.9% YoY
Diluted EPS
-$0.02
Gross margin
16.3%
-3.7 pp YoY
Net income
-$8.36M
Research materials
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Forward guidance
From the 8-K filed Aug 8, 2023.
| Metric | Period | Guided | Basis |
|---|---|---|---|
|
Operating expense reductions
Initiated
full-year 2023
|
$20M – $25M | — | |
|
Incremental operating expense savings
Initiated
full-year 2024
|
$10M – $15M | — | |
|
Anticipated interest income
Initiated
last six months of fiscal year 2023
|
$20M – $25M | — |
Quarter detail
How the reported period landed and where the business moved.
SEC filing · Item 2.02
8-K earnings release
Filed Aug 8, 2023 · complete as-filed document
SEC periodic report
10-Q report
Filed Aug 8, 2023 · complete as-filed document