Canopy Growth Reports Q2 EPS From Continuing Operations Of $(0.16), Net Revenue Of $51.88M
Portfolio Pulse from Benzinga Newsdesk
Canopy Growth reported Q2 earnings per share (EPS) from continuing operations of $(0.16) and net revenue of $51.88 million.
November 09, 2023 | 10:07 pm
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Canopy Growth's Q2 earnings report showed a loss per share from continuing operations of $(0.16) and net revenue of $51.88 million.
Earnings reports are a key indicator of a company's financial health. The reported loss per share indicates that Canopy Growth may be struggling financially, which could negatively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100