22nd Century preliminary Q4 revenue declines

Reuters
Yesterday
<a href="https://laohu8.com/S/XXII">22nd Century</a> preliminary Q4 revenue declines

Overview

  • Tobacco products company's preliminary Q4 revenue declines yr/yr

  • Preliminary Q4 operating loss narrows compared to previous quarter

  • Company remains debt-free, with $7.1 mln cash at year end

Outlook

  • Company aims to expand VLN product distribution and consumer awareness in 2026

  • Company plans to advance toward profitability as higher-margin revenues scale

Result Drivers

  • STRATEGIC SHIFT - Co exited unprofitable high-volume revenue streams to improve financial footing, per CEO Larry Firestone

  • INVENTORY INCREASE - Co expanded inventory to $4.3 mln in Q4, reflecting reduced nicotine tobacco harvest

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Miss

$3.60 mln

$4.10 mln (1 Analyst)

Q4 Operating Income

-$2.80 mln

Analyst Coverage

  • The one available analyst rating on the shares is "buy"

  • The average consensus recommendation for the tobacco peer group is "buy"

  • Wall Street's median 12-month price target for 22nd Century Group Inc is $135.00, about 2,070.4% above its February 19 closing price of $6.22

Press Release: ID:nGNX7MWbk

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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