Vireo Growth Inc. Announces Third Quarter 2024 Results
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Vireo Growth Inc. reported a 6.2% year-over-year increase in Q3 2024 revenue, reaching $22.4 million, excluding discontinued operations and NY. The company achieved an operating income of $3.9 million, supported by a recently-secured convertible loan to further its CREAM & Fire Strategy.
November 13, 2024 | 9:15 pm
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Vireo Growth Inc. reported a 6.2% increase in Q3 2024 revenue to $22.4 million, with an operating income of $3.9 million. The company secured a convertible loan to support its strategic initiatives.
The positive revenue growth and operating income indicate strong financial performance, likely boosting investor confidence. The secured convertible loan suggests further strategic growth, potentially driving the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100