Canopy Growth Reports Second Quarter Fiscal 2021 Financial Results

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Canopy Growth (CGC) Reports Q2 Loss of Cdn$0.09 on Revenues of Cdn$150.83M

November 9, 2020 6:09 AM EST

Canopy Growth (NYSE: CGC) reported Q2 EPS of (Cdn$0.09), versus Cdn$0.25 reported last year. Revenue for the quarter came in at Cdn$150.83 million, versus Cdn$85.62 million reported last year.

Achieved record quarterly net revenue of $135 million Net Loss of $97 million; Adjusted EBITDA loss of $86 million, a 43% improvement versus Q2 FY20Implementing initiatives to... More