HEXO Corp. (HEXO) Posts Q4 Loss of $67.9M
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HEXO Reports Fourth Quarter and Fiscal Year 2021 Financial Results Highlighting Strong Growth
October 29, 2021 7:22 AM EDTTotal net sales growth of 71% quarter-over-quarter and 43% from Q420, marking HEXO's best quarter of sales to date.Total Q421 net revenue increased to $38.7 million from $22.6 million in Q321Total net revenue for FY21 grew 53% to $123.5 million from $80.6 million in FY20.Maintained leading market share position relative to peers as market continues to diversify.Completed the acquisition of Zenabis Global Inc. (Zenabis)Â Â Â Â Â Â
OTTAWA, Oct. 29, 2021 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the "Company") today reported its financial results for the fourth quarter (Q421) and fiscal year... More
