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Canopy Growth Corp. Q3 Loss Narrows

February 07, 2025 — 07:10 am EST

Written by RTTNews.com for RTTNews->

(RTTNews) - Canopy Growth Corp. (CGC) reported Loss for third quarter of -$121.90 million

The company's earnings totaled -$121.90 million, or -$1.11 per share. This compares with -$216.80 million, or -$2.62 per share, last year.

The company's revenue for the period fell 4.2% to $86.24 million from $90.06 million last year.

Canopy Growth Corp. earnings at a glance (GAAP) :

-Earnings: -$121.90 Mln. vs. -$216.80 Mln. last year. -EPS: -$1.11 vs. -$2.62 last year. -Revenue: $86.24 Mln vs. $90.06 Mln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
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