Grove Collaborative Q4 Earnings Call Highlights
Grove posted net loss of $1.6 million in the quarter, compared with a net loss of $12.6 million in the prior-year period. Adjusted EBITDA was positive $1.6 million, compared with adjusted EBITDA of negative $1.6 million a year earlier. Yurcisin said the fourth quarter marked the company’s first positive adjusted EBITDA quarter in the last six quarters, reflecting a decision to prioritize liquidity and adjusted EBITDA profitability while fixing customer experience disruptions.For the fourth quarter, Grove re ...