Revenue at Cronos Rises but Its Losses Widen in 2018

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

swung to a loss in the fiscal year and investors were selling off the stock in premarket trading Tuesday. The company didn't provide a net profit or loss number for the quarter, but did say that its gross profit before fair value adjustments was C$2.5 million. For the full year, the company reported a loss of 11 cents per share, after reporting a full-year profit of 1 cent a year earlier.

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