Leafly Holdings, Inc. (LFLY) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Leafly Holdings, Inc. reported a second quarter 2024 revenue of $8.7 million with a net loss of $1.3 million, alongside a modest adjusted EBITDA of $0.5 million. Despite a revenue decrease from Q2 2023, the company highlighted an improvement in gross margin and a reduction in total operating expenses, signaling a strategic focus on cost discipline and operational efficiency.
For further insights into LFLY stock, check out TipRanks’ Stock Analysis page.
