Canopy Growth Q4 Loss Sharply Narrows

RTTNews | 212 days ago
Stocktwits
Canopy Growth Q4 Loss Sharply Narrows

(RTTNews) - Cannabis company Canopy Growth Corp. (CGC, WEED.TO) reported that its fourth-quarter net loss attributable to the company was C$92.34 million or C$1.03 per share, sharply wider than C$640.08 million or C$12.83 per share in the prior-year quarter.

Net loss from continuing operations for the quarter was $1.06 per share, compared to $11.78 per share in the year-ago quarter.

On average, five analysts polled by Thomson Reuters expected the company to report a loss of C$0.45 per share for the quarter. Analysts' estimates typically exclude special items.

Net revenue for the quarter declined 28 percent to C$83.15 million from C$78.85 million in the same quarter last year. Analysts expected revenues of C$72.31 million for the quarter.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: CGC
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Canopy Growth Slips To Loss In Q1

Canopy Growth Slips To Loss In Q1

Canopy Growth Corp. (CGC, WEED.TO) reported that its first-quarter net loss attributable to the company was C$2.08 million or C$5.23 per share, compared to net income of C$0.39 million or C$0.84 per share in the prior-year quarter.
RTTNews | 876 days ago
TSX Ends Modestly Lower

TSX Ends Modestly Lower

https://money.tmx.com/canadian-markets https://www.rttnews.com/3499633/bay-street-likely-to-open-slightly-higher.aspx?type=cn
RTTNews | 23h 32min ago
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

The Switzerland market closed on a firm note on Friday, in line with markets across Europe, as investors picked up stocks from across several sectors. The benchmark SMI closed up 101.06 points or 0.88% at 11,589.34, slightly off the day's high of 11,597.29.
RTTNews | 1 day ago
European Markets Close Higher

European Markets Close Higher

European stocks closed higher on Friday, as investors made some purchases at several counters as markets resumed trading after Christmas holidays. Activity was a bit subdued in most of the markets in the region amid a lack of triggers, and ahead of the New Year holidays coming up next week.
RTTNews | 1 day ago
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