Canopy Growth Corporation (CGC) Earnings: 1Q23 Key Numbers

This article was originally published on Alpha Street

Canopy Growth Corporation (NASDAQ: CGC) reported first quarter 2023 earnings results.

Net revenue was CAD110.1 million, down 19% from the same period a year ago.

Net loss attributable to Canopy Growth Corporation was CAD2 billion, or CAD5.23 per share, compared to CAD392.4 million, or CAD0.84 per share, last year.

Cash and short-term investments amounted to CAD1.2 billion at quarter-end.

Prior performance

Canopy Growth Corporation Q4 2022 Earnings Infographic

The post Canopy Growth Corporation (CGC) Earnings: 1Q23 Key Numbers first appeared on AlphaStreet.

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