tiprankstipranks
MTL Cannabis Reports Record Revenue in Q2
Company Announcements

MTL Cannabis Reports Record Revenue in Q2

Story Highlights

MTL Cannabis (TSE:MTLC) has released an update.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

MTL Cannabis Corp. has reported a record second quarter with $26.4 million in revenue, driven by high-quality products and services. The company achieved a 9% revenue increase and improved operating income, although net income saw a decline. Strong cash flow from operations highlights MTL’s financial stability in a competitive market.

For further insights into TSE:MTLC stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App