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BRIEF-Canopy Growth Reports Qtrly Diluted Loss Of $0.38 Per Share

Published 2019-02-14, 10:53 p/m
Updated 2019-02-14, 11:00 p/m
© Reuters.  BRIEF-Canopy Growth Reports Qtrly Diluted Loss Of $0.38 Per Share

Feb 14 (Reuters) - Canopy Growth Corp WEED.TO :

* CANOPY GROWTH CORPORATION REPORTS THIRD QUARTER FISCAL 2019 FINANCIAL RESULTS: GROSS SALES OF $98M; NET REVENUE HITS RECORD $83M

* QTRLY NET REVENUE $83.0 MILLION VERSUS $21.7 MILLION

* CANOPY GROWTH - CFO TIM SAUNDERS HAS INFORMED CO, ITS BOARD OF HIS DECISION TO RETIRE AS CFO IN MID TO LATE CALENDAR 2019

* CANOPY GROWTH - CANNABIS SHIPMENTS TOTALED 10,102 KILOGRAMS AND KILOGRAM EQUIVALENTS IN QUARTER VERSUS 2,330 KILOGRAMS AND KILOGRAM EQUIVALENTS A YEAR AGO

* CO IS LIKELY TO ACQUIRE ADDITIONAL STRATEGIC ASSETS IN FUTURE AS IT PURSUES ITS BUSINESS STRATEGY

* CANOPY GROWTH - QTRLY DILUTED LOSS PER SHARE OF $0.38

* Q3 EARNINGS PER SHARE VIEW C$-0.16, REVENUE VIEW C$81.2 MILLION -- REFINITIV IBES DATA

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