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2021-08-11
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Ascend Wellness Holdings Beats on Q2 2021 Revenue, Increases Full-Year Net Revenue Guidance To $330-$350M<blockquote>Ascend Wellness Holdings 2021 年第二季度收入超出预期,将全年净收入指引上调至 3.30-3.5 亿美元</blockquote>
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(CSE: AAWH) (OTCQX: AAWH) revealed a 236.2% year-over-year and 28.5% sequential pop in gross revenue on Tuesday, which totaled $97.5 million in the second quarter of fiscal 2021, beating estimates by $4.5 million</","content":"<p>Vertically integrated cannabis company<b> Ascend Wellness Holdings, Inc.</b> (CSE:AAWH) (OTCQX:AAWH) revealed a <b>236.2% year-over-year and 28.5% sequential pop in gross revenue</b> on Tuesday, which totaled <b>$97.5 million in the second quarter of fiscal 2021, beating estimates by $4.5 million</b>.</p><p><blockquote>垂直整合大麻公司<b>阿森德健康控股公司。</b>(CSE:AAWH) (OTCQX:AAWH) 透露<b>毛收入同比增长236.2%,环比增长28.5%</b>周二,总计<b>2021 财年第二季度收入为 9750 万美元,超出预期 450 万美元</b>.</blockquote></p><p> According to its latest earnings report,<b> net revenue improved 26.1% sequentially to $83.4 million</b>. For the <b>six months ended June 30, net revenue was $149.5 million</b>, a 4% increase from the same quarter of 2020. <b>GAAP earnings per share were negative $0.30</b>.</p><p><blockquote>根据其最新的财报,<b>净收入环比增长 26.1%,达到 8,340 万美元</b>.为了<b>截至 6 月 30 日的六个月,净收入为 1.495 亿美元</b>较2020年同季度增长4%。<b>GAAP 每股收益为负 0.30 美元</b>.</blockquote></p><p> \"Our business continues to produce impressive quarter-over-quarter revenue and adjusted EBITDA growth as we scale our wholesale and retail operations across the high-quality markets where we operate,\"<b> Abner Kurtin, founder and CEO</b> of the New York-based company, said.</p><p><blockquote>“随着我们在我们运营的高质量市场扩大批发和零售业务规模,我们的业务继续产生令人印象深刻的环比收入和调整后 EBITDA 增长,”<b>Abner Kurtin,创始人兼首席执行官</b>这家总部位于纽约的公司说。</blockquote></p><p> <b>Here's a breakdown of what the second-quarter earnings report showed:</b></p><p><blockquote><b>以下是第二季度收益报告的细分:</b></blockquote></p><p> <ul> <li><b>Gross profit amounted to $34.5 million</b>, accounting for 41.4% of revenue, versus $29.7 million, or 44.9% of revenue in the prior period.</li> <li><b>Adjusted gross profit</b>, a non-GAAP financial measure, was <b>$39.6 million</b>, or 47.5% of revenue.</li> <li>Adjusted Gross Profit margin, a non-GAAP financial measure, declined 174 basis points quarter-over-quarter to 47.5%.</li> <li><b>Total general and administrative expenses totaled $30.6 million</b>, or 36.7% of revenue, compared to $25.1 million in the first quarter of 2021. <b>The total for other expenses was $36.8 million</b>.</li> <li><b>Net loss amounted to $44.9 million</b>, or a loss of $0.30 per basic and diluted common share.</li> <li><b>Adjusted EBITDA</b>, a non-GAAP financial measure, <b>came in positive at $20.3 million</b>, representing a 28.3% increase quarter-over-quarter.</li> <li>As of June 30, AWH had <b>$104.2 million in cash and cash equivalents</b> and <b>total debt of $131.6 million</b>.</li> </ul> <h3>Operational Milestones And 2021 Revenue Guidance</h3> Over the quarter, the company kicked off cannabis sales in <b>three new stores</b> in Boston, Massachusetts, Rochelle Park, New Jersey and Chicago Ridge, Illinois, bringing its <b>retail footprint to 18 shops nationwide</b>.</p><p><blockquote><ul><li><b>毛利润达3450万美元</b>占收入的 41.4%,而上一时期为 2970 万美元,占收入的 44.9%。</li><li><b>经调整毛利</b>非公认会计准则财务指标是<b>3960万美元</b>占收入的47.5%。</li><li>非 GAAP 财务指标调整后毛利率环比下降 174 个基点至 47.5%。</li><li><b>一般和行政费用共计3060万美元</b>占收入的 36.7%,而 2021 年第一季度为 2510 万美元。<b>其他费用共计3680万美元</b>.</li><li><b>净亏损达4490万美元</b>或每股基本普通股和稀释普通股亏损 0.30 美元。</li><li><b>调整后 EBITDA</b>非公认会计准则财务指标,<b>盈利 2030 万美元</b>环比增长28.3%。</li><li>截至6月30日,AWH已<b>1.042亿美元现金和现金等价物</b>和<b>债务总额为 1.316 亿美元</b>.</li></ul><h3>运营里程碑和 2021 年收入指引</h3>本季度,该公司开始销售大麻<b>三家新店</b>在马萨诸塞州波士顿、新泽西州罗谢尔公园和伊利诺伊州芝加哥岭,带来了它的<b>零售足迹遍布全国 18 家商店</b>.</blockquote></p><p> In addition, the company's management increased the<b> 2021 full-year annual revenue guidance from a range of $320 million to $340 million to a range of $330 million to $350 million</b>.</p><p><blockquote>此外,公司管理层增加了<b>2021 年全年年收入指导范围为 3.2 亿美元至 3.4 亿美元,范围为 3.3 亿美元至 3.5 亿美元</b>.</blockquote></p><p> \"We remain focused on executing, disciplined in our approach to allocating capital, and excited about the trajectory of the company,\" Kurtin added.</p><p><blockquote>库尔廷补充道:“我们仍然专注于执行,严格遵守资本分配方法,并对公司的发展轨迹感到兴奋。”</blockquote></p><p> In July, AWH announced its <b>debut on the OTCQX Best Market</b>.</p><p><blockquote>7月,AWH宣布其<b>首次亮相 OTCQX 最佳市场</b>.</blockquote></p><p> <h3>Price Action</h3> AWH's shares were <b>trading 0.07% lower at $11.0 per share </b>at market close Tuesday.</p><p><blockquote><h3>价格行为</h3>AWH 的股票是<b>交易价格下跌 0.07%,至每股 11.0 美元</b>周二收盘时。</blockquote></p><p> <i>Photo: Courtesy of Jeff W on Unsplash</i></p><p><blockquote><i>照片:Unsplash 上的 Jeff W 提供</i></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAscend Wellness Holdings Beats on Q2 2021 Revenue, Increases Full-Year Net Revenue Guidance To $330-$350M<blockquote>Ascend Wellness Holdings 2021 年第二季度收入超出预期,将全年净收入指引上调至 3.30-3.5 亿美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga Earnings </p>\n<p class=\"h-time smaller\">2021-08-11 21:47</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Vertically integrated cannabis company<b> Ascend Wellness Holdings, Inc.</b> (CSE:AAWH) (OTCQX:AAWH) revealed a <b>236.2% year-over-year and 28.5% sequential pop in gross revenue</b> on Tuesday, which totaled <b>$97.5 million in the second quarter of fiscal 2021, beating estimates by $4.5 million</b>.</p><p><blockquote>垂直整合大麻公司<b>阿森德健康控股公司。</b>(CSE:AAWH) (OTCQX:AAWH) 透露<b>毛收入同比增长236.2%,环比增长28.5%</b>周二,总计<b>2021 财年第二季度收入为 9750 万美元,超出预期 450 万美元</b>.</blockquote></p><p> According to its latest earnings report,<b> net revenue improved 26.1% sequentially to $83.4 million</b>. For the <b>six months ended June 30, net revenue was $149.5 million</b>, a 4% increase from the same quarter of 2020. <b>GAAP earnings per share were negative $0.30</b>.</p><p><blockquote>根据其最新的财报,<b>净收入环比增长 26.1%,达到 8,340 万美元</b>.为了<b>截至 6 月 30 日的六个月,净收入为 1.495 亿美元</b>较2020年同季度增长4%。<b>GAAP 每股收益为负 0.30 美元</b>.</blockquote></p><p> \"Our business continues to produce impressive quarter-over-quarter revenue and adjusted EBITDA growth as we scale our wholesale and retail operations across the high-quality markets where we operate,\"<b> Abner Kurtin, founder and CEO</b> of the New York-based company, said.</p><p><blockquote>“随着我们在我们运营的高质量市场扩大批发和零售业务规模,我们的业务继续产生令人印象深刻的环比收入和调整后 EBITDA 增长,”<b>Abner Kurtin,创始人兼首席执行官</b>这家总部位于纽约的公司说。</blockquote></p><p> <b>Here's a breakdown of what the second-quarter earnings report showed:</b></p><p><blockquote><b>以下是第二季度收益报告的细分:</b></blockquote></p><p> <ul> <li><b>Gross profit amounted to $34.5 million</b>, accounting for 41.4% of revenue, versus $29.7 million, or 44.9% of revenue in the prior period.</li> <li><b>Adjusted gross profit</b>, a non-GAAP financial measure, was <b>$39.6 million</b>, or 47.5% of revenue.</li> <li>Adjusted Gross Profit margin, a non-GAAP financial measure, declined 174 basis points quarter-over-quarter to 47.5%.</li> <li><b>Total general and administrative expenses totaled $30.6 million</b>, or 36.7% of revenue, compared to $25.1 million in the first quarter of 2021. <b>The total for other expenses was $36.8 million</b>.</li> <li><b>Net loss amounted to $44.9 million</b>, or a loss of $0.30 per basic and diluted common share.</li> <li><b>Adjusted EBITDA</b>, a non-GAAP financial measure, <b>came in positive at $20.3 million</b>, representing a 28.3% increase quarter-over-quarter.</li> <li>As of June 30, AWH had <b>$104.2 million in cash and cash equivalents</b> and <b>total debt of $131.6 million</b>.</li> </ul> <h3>Operational Milestones And 2021 Revenue Guidance</h3> Over the quarter, the company kicked off cannabis sales in <b>three new stores</b> in Boston, Massachusetts, Rochelle Park, New Jersey and Chicago Ridge, Illinois, bringing its <b>retail footprint to 18 shops nationwide</b>.</p><p><blockquote><ul><li><b>毛利润达3450万美元</b>占收入的 41.4%,而上一时期为 2970 万美元,占收入的 44.9%。</li><li><b>经调整毛利</b>非公认会计准则财务指标是<b>3960万美元</b>占收入的47.5%。</li><li>非 GAAP 财务指标调整后毛利率环比下降 174 个基点至 47.5%。</li><li><b>一般和行政费用共计3060万美元</b>占收入的 36.7%,而 2021 年第一季度为 2510 万美元。<b>其他费用共计3680万美元</b>.</li><li><b>净亏损达4490万美元</b>或每股基本普通股和稀释普通股亏损 0.30 美元。</li><li><b>调整后 EBITDA</b>非公认会计准则财务指标,<b>盈利 2030 万美元</b>环比增长28.3%。</li><li>截至6月30日,AWH已<b>1.042亿美元现金和现金等价物</b>和<b>债务总额为 1.316 亿美元</b>.</li></ul><h3>运营里程碑和 2021 年收入指引</h3>本季度,该公司开始销售大麻<b>三家新店</b>在马萨诸塞州波士顿、新泽西州罗谢尔公园和伊利诺伊州芝加哥岭,带来了它的<b>零售足迹遍布全国 18 家商店</b>.</blockquote></p><p> In addition, the company's management increased the<b> 2021 full-year annual revenue guidance from a range of $320 million to $340 million to a range of $330 million to $350 million</b>.</p><p><blockquote>此外,公司管理层增加了<b>2021 年全年年收入指导范围为 3.2 亿美元至 3.4 亿美元,范围为 3.3 亿美元至 3.5 亿美元</b>.</blockquote></p><p> \"We remain focused on executing, disciplined in our approach to allocating capital, and excited about the trajectory of the company,\" Kurtin added.</p><p><blockquote>库尔廷补充道:“我们仍然专注于执行,严格遵守资本分配方法,并对公司的发展轨迹感到兴奋。”</blockquote></p><p> In July, AWH announced its <b>debut on the OTCQX Best Market</b>.</p><p><blockquote>7月,AWH宣布其<b>首次亮相 OTCQX 最佳市场</b>.</blockquote></p><p> <h3>Price Action</h3> AWH's shares were <b>trading 0.07% lower at $11.0 per share </b>at market close Tuesday.</p><p><blockquote><h3>价格行为</h3>AWH 的股票是<b>交易价格下跌 0.07%,至每股 11.0 美元</b>周二收盘时。</blockquote></p><p> <i>Photo: Courtesy of Jeff W on Unsplash</i></p><p><blockquote><i>照片:Unsplash 上的 Jeff W 提供</i></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAWH":"Ascend Wellness Holdings, Inc.","QTWO":"Q2 Holdings Inc","GUID":"Guident"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158282119","content_text":"Vertically integrated cannabis company Ascend Wellness Holdings, Inc. (CSE:AAWH) (OTCQX:AAWH) revealed a 236.2% year-over-year and 28.5% sequential pop in gross revenue on Tuesday, which totaled $97.5 million in the second quarter of fiscal 2021, beating estimates by $4.5 million.\nAccording to its latest earnings report, net revenue improved 26.1% sequentially to $83.4 million. For the six months ended June 30, net revenue was $149.5 million, a 4% increase from the same quarter of 2020. GAAP earnings per share were negative $0.30.\n\"Our business continues to produce impressive quarter-over-quarter revenue and adjusted EBITDA growth as we scale our wholesale and retail operations across the high-quality markets where we operate,\" Abner Kurtin, founder and CEO of the New York-based company, said.\nHere's a breakdown of what the second-quarter earnings report showed:\n\nGross profit amounted to $34.5 million, accounting for 41.4% of revenue, versus $29.7 million, or 44.9% of revenue in the prior period.\nAdjusted gross profit, a non-GAAP financial measure, was $39.6 million, or 47.5% of revenue.\nAdjusted Gross Profit margin, a non-GAAP financial measure, declined 174 basis points quarter-over-quarter to 47.5%.\nTotal general and administrative expenses totaled $30.6 million, or 36.7% of revenue, compared to $25.1 million in the first quarter of 2021. The total for other expenses was $36.8 million.\nNet loss amounted to $44.9 million, or a loss of $0.30 per basic and diluted common share.\nAdjusted EBITDA, a non-GAAP financial measure, came in positive at $20.3 million, representing a 28.3% increase quarter-over-quarter.\nAs of June 30, AWH had $104.2 million in cash and cash equivalents and total debt of $131.6 million.\n\nOperational Milestones And 2021 Revenue Guidance\nOver the quarter, the company kicked off cannabis sales in three new stores in Boston, Massachusetts, Rochelle Park, New Jersey and Chicago Ridge, Illinois, bringing its retail footprint to 18 shops nationwide.\nIn addition, the company's management increased the 2021 full-year annual revenue guidance from a range of $320 million to $340 million to a range of $330 million to $350 million.\n\"We remain focused on executing, disciplined in our approach to allocating capital, and excited about the trajectory of the company,\" Kurtin added.\nIn July, AWH announced its debut on the OTCQX Best Market.\nPrice Action\nAWH's shares were trading 0.07% lower at $11.0 per share at market close Tuesday.\nPhoto: Courtesy of Jeff W on Unsplash","news_type":1,"symbols_score_info":{"QTWO":0.9,"AAWH":0.9,"GUID":0.9}},"isVote":1,"tweetType":1,"viewCount":3939,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":14,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/892782057"}
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