Leafly Holdings, Inc. (LFLY) has released an update.
Leafly Holdings, Inc. reported a third-quarter revenue of $8.4 million and a net loss of $1.1 million, while achieving a positive adjusted EBITDA of $0.4 million for the second consecutive quarter. The company is focusing on stabilizing its retail business and managing operating costs effectively to capitalize on future growth opportunities. Leafly aims to maintain its momentum in generating positive adjusted earnings by building a lean and efficient business operation.
For further insights into LFLY stock, check out TipRanks’ Stock Analysis page.
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