Gage Growth Corp. Announces Record Third Quarter 2021 Results and Provides Business Update
Revenue increased to a record of $27.2 million in the third quarter of 2021, as compared to $26.4 million in the second quarter of 2021, a 3.2% increase.
- Revenue increased to a record of $27.2 million in the third quarter of 2021, as compared to $26.4 million in the second quarter of 2021, a 3.2% increase.
- Gross margin, before impact of biological asset adjustments, was 36.5% in the third quarter of 2021 compared to 34.2% in the second quarter of 2021.
- "In the third quarter of 2021, Gage had a record performance across all financial and operating metrics," said Fabian Monaco, CEO of Gage.
- Mr. Monaco concluded, "Overall, we will continue to execute on our growth strategy in the remaining months of 2021 and into 2022.