Greenlane Renewables Inc (TSE:GRN) has released an update.
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Greenlane Renewables Inc. reported a second-quarter revenue of $14.6 million and a gross profit of $3.8 million, but also experienced an adjusted EBITDA loss of $0.8 million. The company has secured four new service contracts and reduced its workforce by 18% to decrease costs, aiming to reach its financial targets amid a challenging biogas upgrading market.
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