- Delta 9 (DN) has provided guidance and timing for its year-end 2021 results
- It anticipates net revenue for Q4 2021 to be between C$16.6 million and $17.4 million
- It anticipates net revenue for 2021 to be between $61.8 million and $62.6 million
- The company will release year-end and Q4 results on March 31, 2022
- Delta 9 Cannabis is a vertically integrated cannabis company
- Delta 9 (DN) is up by 1.69 per cent trading at $0.30 per share
Delta 9 (DN) has provided guidance and timing for its year-end 2021 results.
It anticipates net revenue for Q4 to be between C$16.6 million and $17.4 million. This compares with $14.15 million in Q4 2020, an increase of between 17-23 per cent, and $15.2 million sequentially from Q3 2021, an increase of between 9-14 per cent.
It anticipates net revenue for 2021 to be between $61.8 million and $62.6 million, up from $52.1 million in 2021.
These numbers are unaudited.
The company will release its year-end and Q4 results on March 31, 2022, before the market opens. It has scheduled a conference call for 9:00 am EST on the same day.
“We are anticipating reporting strong year-over-year and sequential revenue results for the fourth quarter of 2021,” stated John Arbuthnot, CEO of Delta 9. “Delta 9 is working to differentiate itself from its peers by posting strong financial and operating results and continuing to grow its revenue streams from its three core business units.”
Delta 9 Cannabis is a vertically integrated cannabis company.
Delta 9 (DN) is up by 1.69 per cent trading at $0.30 per share as of 12:54 pm EST.