WM Know-how Inc.
MAPS,
-3.08%
shares fell 31% in premarket trades on Wednesday after the hashish market warned that its 2022 income could be flat-to-down within the mid-single digit proportion vary within the second half of 2022, whereas the FactSet consensus implies development of about 19.7%. The corporate mentioned its second-quarter revenue greater than doubled to $11.69 million, or 13 cents a share, from $4.26 million, or a lack of 17 cents a share, within the year-ago quarter. Second-quarter income climbed to $58.29 million from $46.93 million within the year-ago interval. Weedmaps beat the analyst goal for a lack of 2 cents a share however missed its income estimate of $61.9 million.