Leafly Holdings, Inc. Reports Third Quarter 2024 Financial Results
Leafly Holdings, Inc. (LFLY)
Company Research
Source: Business Wire
Delivered Q3 2024 revenue of $8.4 millionReported net loss of $1.1 million and adjusted EBITDA 1 of $0.4 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 third quarter ended September 30, 2024."With two consecutive quarters of positive adjusted EBITDA and a retail business that has largely reached a point of stabilization, we’re poised to capitalize on the growth opportunities ahead,” said Leafly CEO Yoko Miyashita. “We’ll continue our laser focus on building a lean and efficient business operation to capitalize on the stabilizing revenue trajectory of the retail business.”Management Commentary on the BusinessIn the third quarter, Leafly reported retail revenue that was essentially flat on a sequential quarter basis and ending retail account declines that flattened sequentially. We believe the most signific
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News
- Leafly Holdings, Inc. (NASDAQ: LFLY) had its "buy" rating re-affirmed by analysts at Westpark Capital. They now have a $9.18 price target on the stock.MarketBeat
- Leafly Holdings, Inc. Reports Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- What To Expect From Leafly Holdings Inc (LFLY) Q3 2024 Earnings [Yahoo! Finance]Yahoo! Finance
- Jointly Taps Powerful Database of Real-World Insights to Transform Cannabis Retail and Empower Consumers [Yahoo! Finance]Yahoo! Finance
- Leafly to Announce Third Quarter 2024 Financial Results on November 7, 2024 [Yahoo! Finance]Yahoo! Finance
LFLY
Earnings
- 3/28/24 - Beat
LFLY
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- 11/8/24 - Form 10-Q
- LFLY's page on the SEC website