High Tide EPS CAD$(0.02) Vs CAD$(0.14) YoY; Revenue CAD$118.14M Vs CAD$81.03M YoY
Portfolio Pulse from Benzinga Newsdesk
High Tide reported Q2 2023 earnings with EPS of CAD$(0.02) compared to CAD$(0.14) YoY, and revenue of CAD$118.14M, up 46% YoY. Gross profit increased by 39% while net loss improved by 81%.
June 14, 2023 | 8:04 pm
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High Tide's Q2 2023 earnings show improved financials with EPS of CAD$(0.02) and 46% YoY revenue growth. Gross profit increased by 39% and net loss improved by 81%.
High Tide's Q2 2023 earnings report shows significant improvements in key financial metrics, including EPS, revenue, gross profit, and net loss. This indicates a positive outlook for the company's stock price in the short term, as investors may react positively to the improved financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100