OrganiGram Holdings Q3 EPS $(1.79) Down From $(0.03) YoY, Sales $24.40M Miss $31.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
OrganiGram Holdings reported Q3 losses of $(1.79) per share, a 6292.86% decrease YoY. Quarterly sales were $24.40M, missing the analyst consensus estimate of $31.80M by 23.27%, and marking an 18.64% decrease YoY.
July 14, 2023 | 6:18 am
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NEGATIVE IMPACT
OrganiGram's Q3 results were significantly below expectations, with a massive increase in losses and a decrease in sales.
OrganiGram's Q3 results were significantly worse than expected, with losses increasing dramatically and sales decreasing. This is likely to negatively impact investor sentiment and could lead to a decrease in the stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100