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Stock impact report

Leafly Holdings, Inc. Reports Second Quarter 2024 Financial Results

Leafly Holdings, Inc. (LFLY) 
Company Research Source: Business Wire
Delivered Q2 2024 revenue of $8.7 millionReported net loss of $1.3 million and adjusted EBITDA1 of $0.5 million SEATTLE--(BUSINESS WIRE)--Leafly Holdings, Inc. (“Leafly” or “the Company”) (NASDAQ: LFLY), a leading online cannabis discovery marketplace and resource for cannabis consumers, today announced financial results for its second quarter ended June 30, 2024.“We remain focused on enhancing operational efficiency and stabilizing our core business while delivering value to our partners,” said Yoko Miyashita, CEO of Leafly. “We are living in an era of liberalized access to cannabis and we believe the demand for Leafly’s trusted voice and guidance has never been greater. We remain invigorated by the opportunities to connect retailers and brands with high-intent consumers.”Second Quarter Financial ResultsRevenue was $8.7 million, compared to $10.7 million in Q2 2023.Retail revenue was $7.3 million, compared to $8.8 million in Q2 2023.Brand revenue was $1.4 million, compared to $1.8 Show less Read more
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