Greenlane Renewables Inc (TSE:GRN) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
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.
For further insights into TSE:GRN stock, check out TipRanks’ Stock Analysis page.
