Categories AlphaGraphs, Cannabis, Earnings
Earnings: A snapshot of Canopy Growth’s (CGC) Q4 2023 results
Cannabis producer Canopy Growth Corporation (NASDAQ: CGC) reported a net loss for the fourth quarter of 2023 when its revenues decreased by 14%.
For the three months that ended March 2023, the company reported a net loss of C$640.1 million or C$1.28 per share, compared to a loss of C$582.5 million or C$1.48 per share in the same period of the previous year.
The bottom line was negatively impacted by a 14% decrease in revenues to C$87.5 million. Looking ahead, the management expects to achieve breakeven-to-positive adjusted EBITDA across all business segments, with the exception of BioSteel, by the end of FY2024.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Omnichannel push, margin dynamics in focus as Walmart gears up for Q3 earnings
Walmart Inc. (NYSE: WMT) entered the second half of FY26 navigating a challenging retail landscape marked by tariff-related cost pressure and cautious consumer behavior. At the same time, the company
AMAT Earnings: Applied Materials Q4 adjusted profit drops on lower revenues
Semiconductor equipment maker Applied Materials, Inc. (NASDAQ: AMAT) on Thursday reported a decrease in adjusted earnings for the fourth quarter of fiscal 2025. Adjusted earnings declined to $2.17 per share
Disney’s (DIS) streaming business continues its momentum in Q4 2025
Shares of The Walt Disney Company (NYSE: DIS) fell 9% on Thursday after the company delivered mixed results for the fourth quarter of 2025. While earnings beat expectations, revenues fell
