Neptune Wellness Solutions (NEPT) Reports 23M Net Loss in Q1

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Neptune Reports First Quarter Results

August 12, 2021 7:00 AM EDT

Revenue Exceeds Pre-Announced Range for Q1, And Grew 83% Sequentially Versus Fourth Quarter

Announces Strategic Review To Accelerate Path To Profitability

LAVAL, QC, Aug. 12, 2021 /PRNewswire/ - Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced its financial and operating results for the three-month period ended on June 30, 2021.

First Quarter Financial Highlights

Revenues of $12.4 million... More