Clever Leaves Holdings Inc. (CLVR) Tops Q2 EPS by 1c

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Clever Leaves Reports Second Quarter 2023 Results

August 14, 2023 4:01 PM EDT

- Total Revenue Increased 21% Year-Over-Year, Driven by 151% Year-Over-Year Growth in Cannabinoid Revenue -

- Continued Expense Reductions Drive Improved Adjusted EBITDA Performance of ($2.1) Million -

- July 2023 Sale of Portuguese Processing Assets Added $2.7 Million in Cash Following the End of Q2 -

- Reaffirming Previously Announced 2023 Guidance -

TOCANCIPÁ, Colombia, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW) (Clever Leaves or the Company), a global medicinal cannabis company, is reporting financial and operating results for the second quarter ended June 30, 2023. All... More