CannTrust Reports Financial Results for Q1 2019
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CannTrust (CTST) Reports Q1 EPS of $0.12
May 14, 2019 6:21 AM EDTCannTrust (NYSE: CTST) reported Q1 EPS of $0.12, versus $0.12 reported last year. Revenue for the quarter came in at $16.9 million, versus $7.84 million reported last year.
Outlook
CannTrust expects to continue to make investments in a disciplined and deliberate manner to position the Company to take advantage of future opportunities, both domestically and internationally. The Company continues to invest in people, process, technology and marketing, and is developing innovative products for the expected legalization of new product formats in Canada later in 2019. These products include vape pens, beverages, confectionaries and healthcare products. CannTrust is also making... More
