July 15 (Reuters) - OrganiGram Holdings Inc OGI.V :
* ORGANIGRAM REPORTS THIRD QUARTER FISCAL 2019 RESULTS
* ORGANIGRAM REPORTS THIRD QUARTER FISCAL 2019 RESULTS
* ORGANIGRAM HOLDINGS - EXPECTS HIGHER YIELDS AND INCREASED EFFICIENCIES, ECONOMIES OF SCALE TO DECREASE COST OF CULTIVATION IN Q4 2019, Q1 2020.
* WE SAW A TEMPORARY REDUCTION IN YIELD PER PLANT IN Q3 DUE TO TEMPORARY CHANGES IN GROWING PROTOCOLS
* COMPANY BELIEVES BEST NEAR-TERM GROWTH OPPORTUNITY REMAINS CANADA
* QTRLY NET REVENUE $24.8 MILLION VERSUS $3.44 MILLION
* HAVE SEEN A MEANINGFUL INCREASE IN AVERAGE CANNABINOID LEVELS IN HARVESTS TO DATE IN Q4
* QTRLY LOSS PER SHARE $0.068
* Q3 EARNINGS PER SHARE VIEW C$0.03, REVENUE VIEW C$30.5 MILLION -- REFINITIV IBES DATA
* ORGANIGRAM HOLDINGS - EXPECTS TO FURTHER PARTICIPATE IN U.S. AND INTERNATIONAL MARKETS IN DUE COURSE
* Q3 2019 RESULTS WERE IMPACTED BY A TEMPORARY DECLINE IN YIELD PER PLANT
* Q3 2019 RESULTS WERE IMPACTED BY A TEMPORARY DECLINE IN YIELD PER PLANT
* ORGANIGRAM HOLDINGS - BY H1 2020, SEES TO BENEFIT FROM HARVESTS OF HIGH-QUALITY INDOOR-GROWN DRIED FLOWER, SALE OF A VARIETY OF VAPE PEN PRODUCTS
* EXPECTS TO BE READY TO SELL VAPORIZER PEN PRODUCTS WHEN THEY ARE AUTHORIZED FOR SALE IN DECEMBER 2019
* PLANS TO SELL CANNABIS-INFUSED CHOCOLATES AND A VARIETY OF DRIED POWDER FORMULATION BEVERAGE PRODUCTS IN EARLY CALENDAR 2020