Canopy Growth Reports Third Quarter Fiscal Year 2023 Financial Results and Announces Canadian Business Transformation Plan

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Go back to Canopy Growth Reports Third Quarter Fiscal Year 2023 Financial Results and Announces Canadian Business Transformation Plan

Canopy Growth (CGC) Misses Q3 EPS by 39c, to Cut 800 Positions

February 9, 2023 7:36 AM EST

Canopy Growth (NASDAQ: CGC) reported Q3 EPS of (Cdn$0.54), Cdn$0.39 worse than the analyst estimate of (Cdn$0.15). Revenue for the quarter came in at Cdn$113.35 million versus the consensus estimate of Cdn$86.69 million.

to reducing headcount across the business by approximately 60%, including 800... More