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Canopy Growth U.S. Shares Down Premarket as 4Q Revenue Misses
By Adriano Marchese Canopy Growth Corp.'s Nasdaq-listed shares were down nearly 12% in premarket trading Friday after the cannabis company reported lower revenue than analysts expected in the
Canopy Growth stock slumps 12% as Q4 revenues decline, global cannabis sales fall
Canopy Growth (NASDAQ:CGC) stock fell ~12% premarket on May 27 after the company reported a -25% decline in in FQ4 2022 revenue. FQ4 net revenues came in at C$111.8M, compared to C$148.4M in FQ4 2021
Canopy Growth (CGC.US), a marijuana company, posted a loss in the fourth quarter that far exceeded market expectations
Canopy Growth (CGC.US), a marijuana company, reported today that revenue for the fiscal fourth quarter ended March 31 was $126.1 million, below market expectations of $129.9 million, and its fourth-quarter adjusted loss per share was $1.46, well above the market's expected loss of 33 cents per share. The company expects EBITDA to be positive in fiscal year 2024, excluding the adjusted EBITDA of BioSteel Beverage and its US THC investment.
Canopy Growth Down 11% in US Pre-Market as Reports Q4 Net Revenue Fell 25% YoY
07:39 AM EDT, 05/27/2022 (MT Newswires) -- Canopy Growth Corporation (WEED.TO) on Friday reported its Q4 2022 results. The company's net revenue of $112 million fell 25% versus Q4 2021's $148.4 millio
Canopy Growth Fiscal Q4 Loss Narrows, Revenue Declines
07:27 AM EDT, 05/27/2022 (MT Newswires) -- Canopy Growth (CGC) reported a fiscal Q4 net loss Friday of CA$1.46 ($1.15) per diluted share, narrowing from a CA$1.85 loss a year earlier. Analysts polled
Canopy Growth shares drop on wider-than-expected loss
Canopy Growth Corp. (WEED.T) shares fell 11% in premarket trades Friday after it said its fourth-quarter loss narrowed to C$574.6 million, or $1.46 a share, from C$700 million, or $1.85 a share in
Canopy Growth expects to be adjusted EBITDA positive in FY24
In FY2023, Canopy will focus on: Strengthening its market position in premium segments in Canada - driven by its flower cultivation strategy, delivering flower with in-demand attributes under the Doja
Canopy Growth Q4 Loss Narrows
Canopy Growth Corp. (CGC, WEED.TO) reported that its fourth-quarter net loss attributable to the company was C$574.62 million or C$1.46 per share, sharply narrower than C$699.98 million or C$1.85 per
Canopy Growth 4Q Loss Narrows, Revenue Falls More Than Expected
By Adriano Marchese Canopy Growth Corp. on Friday reported a narrowed loss in its fiscal fourth quarter, despite a greater fall in net revenue than analysts expected. The Smiths Falls, Ont
Canopy Growth shares slide 8% premarket
Canopy Growth shares slide 8% premarket