Investing.com - Hexo reported first quarter earnings that missed analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of C$-0.1 on revenue of C$38.66M. Analysts polled by Investing.com forecast EPS of C$-0.0831 on revenue of C$33.74M. .
Hexo shares lost 10.54% to trade at C$1.8250 in intra-day trade following the report.
Hexo follows other major Healthcare sector earnings this month
On Wednesday, October 13, 2021, Theratechnologies reported third quarter EPS of C$-0.1 on revenue of C$17.85M, compared to forecasts of EPS of C$-0.07 on revenue of C$19.67M.
Valens Groworks earnings missed analyst's expectations on Wednesday, October 13, 2021, with third quarter EPS of C$-0.08 on revenue of C$20.99M. Investing.com analysts expected EPS of C$-0.04 on revenue of C$20.65M
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