Cannabis company Canopy Growth loss narrows as operating expenses drop
Canopy Growth Corp.’s stock was up fractionally Thursday after the Canadian cannabis company reported a lower quarterly loss on higher revenue and lower expenses. Canopy Growth’s fourth-quarter loss narrowed to C$92.
Canopy Growth Q4 Earnings Preview: Flat results expected this quarter as market evolves
Canopy Growth (NASDAQ:CGC) is scheduled to announce Q4 earnings results on Thursday, May 30th, before market open. Analysts expect a loss of $0.23 per share on revenue of $53.24M (-39.2% Y/Y). The company is expected to post in-line results and investors will be looking for comments on the trends in Germany after the expansion of medical cannabis rules and the progress in Canopy USA.
Canopy Growth Q4 Revenue Slips Sequentially
Canopy Growth Reports Fourth Quarter and Fiscal Year 2024 Financial Results; Q4 FY2024 Net Revenue increased 7% year-over-year, or 16% excluding divested businesses. Storz & Bickel® delivered its best Q4 revenue quarter,
Canopy Growth Q4 Loss Sharply Narrows
Cannabis company Canopy Growth Corp. (CGC, WEED.TO) reported that its fourth-quarter net loss attributable to the company was C$92.34
Canopy Growth (CGC) Q4 2024 Earnings Call Transcript
Q4 2024 Earnings Call May 30, 2024, 10:00 a.m. ET Good morning. My name is Joanna, and I will be your conference operator today. I would like to welcome you to Canopy Growth's fourth quarter and fiscal year-2024 financial results conference call.
Canopy Growth Corporation (CGC) Reports Q4 Loss, Tops Revenue Estimates
Canopy Growth Corporation (CGC) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.33. This compares to loss of $2.30 per share a year ago. These figures are adjusted for non-recurring items.
Canopy Growth Narrows 4Q Loss on Rising Sales of Weed, Vapes
By Dean Seal Canopy Growth narrowed its loss in its fiscal fourth quarter as cannabis and vaporizer sales improved and certain costs came down. The
Benzinga.com5h
Canopy Growth Doubles Down On Its USA Strategy, Announces Exercise of Acreage Options
Canopy announced option to acquire all of the issued and outstanding Class E subordinate voting shares of Acreage Holdings. Canopy USA has completed the acquisition of 100% of two of the three ...
Shanken News Daily18h
Canopy Buoyant On U.S. Opportunity Post-Rescheduling
Canada-based Canopy Growth has been a business in transition recently, looking to right-size its portfolio and address key growth areas as it emerges from a long period of restructuring. The company ...
Canadian Manufacturing18h
Canopy U.S.A. acquires Acreage Holdings
Closing of the acquisition of Acreage remains subject to all of the closing conditions. SMITHS FALLS — Canopy Growth announced the option to acquire all of the issued and outstanding Class E ...
Piper Sandler Maintains Underweight On Canopy Growth Stock, Calls Cannabis Rescheduling 'Largely Symbolic'
Canopy Growth has streamlined its portfolio through divestitures, focusing on becoming an asset-light, cannabis-centric ...
Forbes13d
Canopy CEO Lucas Lappe Talks Accessibility Of New Handheld Shower Head In Brief Interview
The team at Canopy has a compelling value proposition. The company sells lifestyle products for the home that it boasts are ...
Gas station canopy goes flying as tornado strikes Mountain View, Missouri
A motorcyclist captured the moment tornadic winds ripped apart a gas station canopy in Mountain View on May 26, 2024, as the ...
thedeepdive5d
Canopy Growth Sees Revenue Decline To $297.1 Million In 2024
Canopy Growth (TSX: WEED) has seen revenue decline on a sequential basis for its fourth quarter of 2024. The firm reported ...