Clever Leaves Holdings Inc. (CLVR) Misses Q3 EPS by 26c; Offers FY22 Revenue Guidance

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Clever Leaves Reports Third Quarter 2022 Results

November 9, 2022 4:05 PM EST

Q3 Cannabinoid Revenue Increases 12% Year-Over-Year, with 100% Growth in the Segment Year-to-Date

Significant Continued Progress on Cost Reduction Initiatives Driving Sequential Improvements in Adjusted EBITDA

Continued Financial Discipline, Operational Improvements, Commercial Traction and Regulatory Shifts Strengthen Foundation for Long-Term Growth and Profitability

TOCANCIPÁ, Colombia, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Clever Leaves Holdings Inc. (Nasdaq: CLVR, CLVRW) (Clever Leaves or the Company), a leading multinational operator and licensed producer of pharmaceutical-grade cannabinoids, is reporting financial and operating results for the third quarter ended September 30, 2022. All financial information is... More