Executive readout · one minute
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CRON
5.2300 CAD
+6.09%
CRON
· Cronos Group Inc.
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Earnings call · FY2023 Q1
Cronos Group Inc. (CRON) Q1 2023 Earnings Call
Revenue
$19.50M
-22.1% YoY
Diluted EPS
-$0.05
Gross margin
15.0%
-12.7 pp YoY
Net income
-$19.17M
Forward guidance
3 guided metrics
Management's latest ranges and targets are included below.
Research coverage
2 live sources
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Research materials
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Forward guidance
From the 8-K filed May 9, 2023.
| Metric | Period | Guided | Basis | 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.
SEC filing · Item 2.02
8-K earnings release
Filed May 9, 2023 · complete as-filed document
SEC periodic report
10-Q report
Filed May 9, 2023 · complete as-filed document