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Canopy Growth sees positive earnings ahead thanks to cost savings
Reporting its Q2 results for fiscal 2025 on Friday, Canadian cannabis operator Canopy Growth (NASDAQ:CGC) projected positive adjusted EBITDA at the company level in the coming quarters as its cost-saving measures offset declining revenue.
Canopy Growth Corp (CGC) Q2 2025 Earnings Call Highlights: Navigating Revenue Challenges and ...
Despite a dip in consolidated net revenue, Canopy Growth Corp (CGC) shows resilience with significant growth in international markets and strategic cost reductions.
Canopy Growth: Q2 Net Revenue Drops 9% YoY, Projects Positive Earnings Ahead
Canopy Growth reported 9% a year-over-year decrease in net revenue to CA$63 million ($45.4 million). Adjusted EBITDA loss was CA$6 million, representing a 54% improvement year-over-year, driven primarily by the realized benefit of the company's cost savings program.
Canopy Growth Q2 Earnings Preview: Revenue fall expected
Canopy Growth (NASDAQ:CGC) is scheduled to announce Q2 earnings results on Friday, November 8th, before market open. Analysts are expecting a loss of $0.24 per share on revenue of $47.9M (-31.6% Y/Y).
Canopy Growth Reports Second Quarter Fiscal Year 2025 Financial Results
Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC) today announces its financial results for the second quarter ended September 30, 2024 ("Q2 FY2025"). All financial information in this press release is reported in Canadian dollars,
Canopy Growth Reports Mixed Q2 FY2025 Results
Canopy Growth ( (CGC) ) has released its Q2 earnings. Here is a breakdown of the information Canopy Growth presented to its investors. Canopy
Canopy Growth Corporation (CGC) Q2 2025 Earnings Call Transcript
I would like to welcome you to Canopy Group's Second Quarter Fiscal 2025 Financial Results Conference Call. Currently, all participants are in a listen-only. I will now turn the call over to Tyler Burns,
Canopy Growth Corporation (CGC) Reports Q2 Loss, Misses Revenue Estimates
Canopy Growth Corporation (CGC) came out with a quarterly loss of $0.95 per share versus the Zacks Consensus Estimate of a loss of $0.38. This compares to loss of $1.80 per share a year ago. These figures are adjusted for non-recurring items.
Cantech Letter
1d
Is Canopy Growth stock a buy? (November, 2024)
It has experienced a hiccup, but the company is still on the right path. That’s the opinion of Roth MKM analyst Bill Kirk on ...
FOX8 Cleveland
11h
Cleveland's Own: Canopy Child Advocacy Center
The Cathedral of Saint John the Baptist, at the corner of Broadview and Snow roads in Parma since 1960, will no longer be used for worship, Bishop Robert Pipta announced in a news release. After a ...
Crain's Cleveland Business
1d
Olympic Steel buys Georgia-based metal canopy manufacturer
Metal Works makes canopies for service stations. It also produces deck clips, long gutters, boat docks and solar canopy and ...
7d
on MSN
Police fire tear gas at protest over deadly canopy collapse in Serbia
Protesters have thrown flares and red paint at the City Hall building in the Serbian city of Novi Sad in rage over last ...
Norwich Evening News
4h
Work under way on Canopy of Light in Norwich's Hay Hill
Work has begun on the Canopy of Light which will be replacing Norwich's Tunnel of Light in Hay Hill for the Christmas season.
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