Aphria Inc. (NYSE: APHA) reported second-quarter 2021 earnings results on Thursday. Revenues were C$160.5 million, an increase of 33% compared to the previous year.
On an adjusted basis, the company reported earnings of C$0.01 per share, compared to a loss of C$0.19 per share last year. Unadjusted net loss widened to C$120.59 million from C$7.93 million, while loss per share rose to C$0.42 from C$0.03 last year.
“We are pleased with our second-quarter results which reflect the strength of our diversified global cannabis and consumer packaged goods businesses,” said Irwin D. Simon, Chairman, and Chief Executive Officer.
The company has signed an agreement to combine with Tilray, Inc. to have the world’s largest global cannabis company based on clean financial valuations.
Aphria’s stock closed at $9.43 on Wednesday evening. showing an increase of 6%.
Most Popular
JetBlue Airways (JBLU) Q4 2022 Earnings: Key financials and quarterly highlights
JetBlue Airways Corporation (NASDAQ: JBLU) reported fourth quarter 2022 earnings results today. Total operating revenues increased 32% year-over-year to $2.4 billion. Net income amounted to $24 million, or $0.07
AAL Q4 2022 Report: Highlights American Airlines earnings
American Airlines Group (NASDAQ: AAL) announced fourth-quarter 2022 financial results on Thursday, reporting a sharp increase in revenues. The company turned profit from a loss last year. Total operating revenues
LUV Earnings: A snapshot of Southwest Airlines’ Q4 2022 report
Southwest Airlines Co. (NYSE: LUV) on Thursday announced financial results for the fourth quarter of 2022, reporting a net loss and a double-digit increase in revenues. Total operating revenue was
