HEXO Corp. (NASDAQ: HEXO) reported total revenue of CAD50.2 million for the first quarter of 2022, which was up 70% year-over-year.
Total net loss and comprehensive loss amounted to CAD11.6 million compared to a loss of CAD0.4 million in the year-ago quarter.
When online platforms thrived on the unusually strong traffic growth during the shutdown, as home-bound people turned to video-streaming and gaming sites, there was speculation that the trend might reverse
Production disruption and logistics issues continue to have a crippling effect on the industrial sector but the performance of companies, in general, has been mixed so far. Fastenal Company (NASDAQ:
Netflix, Inc. (NASDAQ: NFLX) Thursday said it added 8.3 million paid members in the December quarter. Revenues increased and matched estimates, aided by the relaxation of COVID restrictions and resumption