Canopy Growth Declines After Adjusting Third-Quarter Results

Tony Owusu - finance.yahoo.com Posted 5 years ago

shares were down 2% Thursday after the Canadian cannabis company filed an amended third-quarter report, significantly widening its adjusted EBITDA loss. The cannabis company posted a oss of 38 cents a share in Canadian currency on revenue after excise taxes of C$83 million. In the same quarter a year ago, Canopy posted earnings of 1 cent a share in Canadian currency on restated revenue of C$22 million.

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