Cresco Labs Inc. (CRLBF, CL.CN, 6CQ.MU), an American cannabis company, on Friday reported a wider loss for the first quarter, driven by decreased revenue.
Quarterly net loss widened to $17.01 million from $15.23 million last year.
Adjusted EBITDA came in at $32.90 million compared to $36.23 million in the previous year.
Revenue declined to $151.32 million from $165.76 million a year earlier.
Shares in Munich-listed Cresco Labs were gaining 0.77 percent, changing hands at 0.9105 euro.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.