Canopy Growth Q1 EPS $(0.02) Beats $(0.04) Estimate, Sales $58.630M Beat $58.520M Estimate
Canopy Growth (NASDAQ:CGC) reported quarterly losses of $(0.02) per share which beat the analyst consensus estimate of $(0.04) by 50 percent. This is a 87.5 percent increase over losses of $(0.16) per share from the
Canopy Growth lost less money than people expected this quarter, which is good news. When a company that's been losing money starts losing *less* money, it shows they're getting better at managing their business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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