Organigram Holdings (OGI) Reports Q4 Revenues of $25.2M

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. AMGN
3. BKNG
4. DOX
5. DUOL
6. ANET
7. SWKS
8. SPY
9. XYZ
10. FISV

Go back to Organigram Holdings (OGI) Reports Q4 Revenues of $25.2M

Organigram Reports First Quarter Fiscal 2020 Results  

January 14, 2020 4:00 PM EST

Net revenue more than doubled to $25.2 million from $12.4 million in Q1 2019 Gross margin before fair value changes to biological assets and inventory of $9.3 million or 37% of net revenue compared to $8.8 million or 71% of net revenue in Q1 2019 Net loss of $0.9 million compared to net income from continuing operations of $29.5 million in Q1 2019 largely due to non-cash fair value changes to biological assets and inventories in the prior year quarter Adjusted EBITDA1 of $4.9 million compared to $6.8 million in Q1 2019 As planned, the Company started shipping Trailblazer Torch vape cartridges... More