Welcome to our dedicated page for LEAFLY HOLDINGS news (Ticker: LFLY), a resource for investors and traders seeking the latest updates and insights on LEAFLY HOLDINGS stock.
Leafly Holdings Inc. (LFLY) operates a leading digital platform for cannabis consumer insights and retail market intelligence. This page aggregates all official company announcements and relevant industry coverage, providing stakeholders with a centralized resource for tracking LFLY's developments.
Investors and industry professionals will find timely updates including earnings reports, strategic partnerships, and regulatory compliance developments. Our curated news collection enables efficient monitoring of Leafly's position in the evolving cannabis technology sector.
The repository includes press releases about product innovations, market expansion initiatives, and leadership updates. All content is maintained in compliance with financial disclosure standards, ensuring reliability for research purposes.
Bookmark this page for streamlined access to Leafly's corporate communications and related analysis. Check back regularly for new filings and substantive updates about this cannabis industry platform leader.
Leafly Holdings (NASDAQ: LFLY) reported a full-year 2022 revenue of $47.4 million, marking a 10% increase from 2021, and a net income of $5.1 million compared to a net loss of $12.0 million in 2021. However, adjusted EBITDA loss was $23.2 million, widening from $9.4 million the previous year. The company expanded its retail accounts by 10% to 5,806. Total operating expenses surged 43% to $69.5 million due to public company costs and new hires. Additionally, a 21% workforce reduction is anticipated to save roughly $8 million annually, as softer ad spending persists into 2023.
Leafly Holdings, Inc. (NASDAQ: LFLY) has announced the release of its financial results for the fourth quarter and fiscal year ended December 31, 2022, scheduled for March 16, 2023, after market close. A webcast will follow at 1:30 p.m. PT to discuss the results. The company, a leader in the cannabis discovery marketplace, aids millions in informed cannabis purchasing decisions through its platform and tools, supporting cannabis businesses with advertising and technology services. For more information, visit Leafly.com.
Leafly Holdings, Inc. (NASDAQ: LFLY) announced that its management will participate in upcoming investor conferences. On December 1, the company will hold meetings at the Benchmark Discovery One-on-One Investor Conference in New York, NY. Additionally, they will present at the Cowen 5th Annual Cannabis Conference on December 8 at 12:30 pm ET, with a live webcast available on Leafly's Investor Relations website. Leafly is a leading online cannabis discovery marketplace, enabling informed consumer decisions and supporting cannabis businesses with advertising and technology services.
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