BOCA RATON, Fla. (AP) _ Greenlane Holdings Inc. (GNLN) on Tuesday reported a loss of $15.3 million in its first quarter.
The Boca Raton, Florida-based company said it had a loss of 17 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share.
The distributor of vaporizers and smoking accessories posted revenue of $46.5 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $51.4 million.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GNLN at https://www.zacks.com/ap/GNLN
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