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cbdMD, Inc. [YCBD-PA]  posts $3.96M loss as revenue falls 27.38% to $6.24M

cbdMD, Inc. [YCBD-PA] posts $3.96M loss as revenue falls 27.38% to $6.24M

By USInMinutes
Published - Feb 14, 2023, 01:16 AM ET
Last Updated - Feb 19, 2023, 01:44 PM EST
 Net Sales: $6.24M  
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cbdMD, Inc. [YCBD-PA] posted a loss of $3.96M, marking a rise of 87.49% for this quarter.

Revenue fell to $6.24M this quarter compared to $8.59M in the previous quarter.

According to the latest quarterly report the company has filed with the SEC, current earnings were $-3.96M, up 87.49% from $-31.63M.

The company’s net sales for the period were $6.24M, down 27.38%. Net sales in the previous quarter were $8.59M.

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