03:07 PM EST - LXRandCo, Inc. : Today reported its financial results for the first quarter ended March 31, 2018. Net revenue increased 62% to $10.0 million from $6.1 million. Gross profit increased by 30.7% to $2.4 million, or 23.7% of net revenue, compared to $1.8 million, or 29.4% of net revenue. Adjusted EBITDA (a non-IFRS measure) was $(3.8) million, compared with $0.3 million; and adjusted Net Loss (a non-IFRS measure) was $4.4 million, compared with $0.7 million. LXRandCo, Inc.
shares T.LXR are trading down $0.12 at $1.50.
