Grown Rogue Q2 FY23 Revenue Grows 18.2%, What About Income?
Portfolio Pulse from Vuk Zdinjak
Grown Rogue International Inc. reported Q2 FY23 revenue of $6 million, a 28% increase compared to Q2 FY22. Gross profit increased 18.2% to $2.6 million, while net income rose 184.6% to $411,979. The company ended the quarter with $3.8 million cash on hand.
June 20, 2023 | 1:05 pm
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Grown Rogue's Q2 FY23 results show strong revenue and profit growth, with a 28% increase in revenue and 18.2% increase in gross profit.
Grown Rogue's Q2 FY23 results show strong growth in revenue, gross profit, and net income. This indicates a positive outlook for the company's performance and could lead to an increase in its stock price in the short term.
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