InvestorsHub Logo
Followers 7
Posts 1303
Boards Moderated 0
Alias Born 03/08/2019

Re: None

Wednesday, 07/29/2020 1:25:15 PM

Wednesday, July 29, 2020 1:25:15 PM

Post# of 75
**Good News** Experion Reports Record Revenue Growth in Q2 and Reports on Financial and Operational Highlights

https://finance.yahoo.com/news/experion-reports-record-revenue-growth-124500839.html

WOW!!! I was expecting a double digit increase Q over Q, but nothing like the 114% increase reported today on a record $1.7M in revenues. Plus a 32% decrease in operating expenses with a 21% increase in gross profit. Best part is average selling price per gram is going up ($8.59) when others are going down.

EXP came oh so close to profitability that Q3 just might put them over the top. Especially at the rate sales are growing. Just an exceptional job by the EXP team to hit one out of the park during a pandemic. Couldn't be happier with this report, and the great work EXP is doing to increase shareholder value. glta

Posts are my opinion only, and not advice of any kind. glta

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.