Cronos Group Misses
Cronos Group (CRON) reported a Quarter December 2019 loss of $0.07 per share on revenue of $7.9 million. The consensus estimate was a loss of $0.04 per share on revenue of $12.5 million. The Earnings Whisper number was for a loss of $0.03 per share. Revenue grew 86.6% on a year-over-year basis.
Cronos Group Inc. to Report 2019 Fourth Quarter and Full-Year Financial Results on March 30, 2020
TORONTO, March 30, 2020 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”) will report its 2019 Fourth Quarter and Full-Year Financial Results on Monday, March 30, 2020 after the close of trading on NASDAQ.
The Company will host a conference call to discuss these results, its outlook and other matters on Monday, March 30, 2020 at 5:30 p.m. EDT. Cronos Group’s senior management team will discuss its financial results and will be available for questions from the investment community after prepared remarks.
A live audio webcast of the earnings call will be available on the Company’s website at https://ir.thecronosgroup.com/events-presentations. Participants may also listen via telephone by dialing (866) 795-2258 toll-free from the U.S. and Canada, or (409) 937-8902 if dialing from outside the U.S. and Canada, with passcode: 6999389. The webcast of the call will be archived for replay on the Company’s website.
About Cronos Group Inc.
Cronos Group is an innovative global cannabinoid company with international production and distribution across five continents. Cronos Group is committed to building disruptive intellectual property by advancing cannabis research, technology and product development. With a passion to responsibly elevate the consumer experience, Cronos Group is building an iconic brand portfolio. Cronos Group’s portfolio includes PEACE NATURALS™, a global wellness platform, two adult-use brands, COVE™ and Spinach™, and two hemp-derived CBD brands, Lord Jones™ and PEACE+™. For more information about Cronos Group and its brands, please visit: www.thecronosgroup.com
Cronos Group Contact
Tel: (416) 504-0004
Source: Cronos Group Inc.