Categories AlphaGraphs, Cannabis

Canopy Growth Corporation (CGC) Earnings: 1Q22 Key Numbers

Canopy Growth Corporation (NASDAQ: CGC) reported first quarter 2022 earnings results today.

Total revenue increased 23% year-over-year to CAD136 million, driven by double-digit growth across Canadian cannabis and other consumer products.

Net income attributable to Canopy Growth Corporation amounted to CAD392.4 million, or CAD0.84 per share. This compares to a loss of CAD108.5 million, or CAD0.30 per share, last year.

Cash and short-term investments amounted to CAD2.1 billion at the end of the quarter.

Prior performance

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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