OrganiGram Holdings Q2 Sales C$37.628M Miss C$38.025M Estimate
Portfolio Pulse from Benzinga Newsdesk
OrganiGram Holdings reported Q2 sales of C$37.628M, missing the estimated C$38.025M.
May 14, 2024 | 10:07 am
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NEGATIVE IMPACT
OrganiGram Holdings missed its Q2 sales estimate, reporting C$37.628M against the expected C$38.025M.
Missing sales estimates, especially by a narrow margin, can lead to negative investor sentiment in the short term. This could result in a decrease in stock price as investors adjust their expectations based on the new sales data.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100