Tag: earnings

Debra BorchardtDecember 20, 2017
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Financial

Friday Night Stock Pops On Q1 Earnings

3min00
Canadian-based Friday Night Inc. (TGIFF) reported its first-quarter results with C$2.5 million in gross revenues versus no revenue from the same time period in 2016. The stock jumped over 18% on the news to lately trade at 71 cents on the OTC Marketplace. While the revenues were signs of great progress, the company did deliver […]
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Debra BorchardtDecember 4, 2017
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Financial

GW Pharmaceuticals Says 2018 ‘A Pivotal Year’

5min04
London-based biotech company GW Pharmaceuticals (GWPH) reported its fourth quarter and fiscal year-end results with revenues dipping and losses rising as the company gets closer to launching its Epidiolex drug in the U.S. GW Pharmaceuticals delivered revenue of $11 million or 8.2 million in sterling pounds for the year ending September 30. This was lower […]
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Debra BorchardtDecember 1, 2017
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Financial

Maricann Reports Falling Revenue, Rising Losses

3min012
Maricann Group Inc. (OTCQB: MRRCF) reported its earnings and yet the company didn’t say anything in the press release about the revenues from the quarter and instead said that “results were consistent with expectations” and revenue was expected to increase in 2018. This is always a big red flag when investors have to hunt and search for […]
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StaffNovember 30, 2017
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FinancialPublic

Golden Leaf Reports Increased Revenues, Bigger Losses

5min00
Toronto-based Golden Leaf Holdings Ltd. (GLDFF) delivered its earnings for the third quarter ending September 30 with revenues rising, but losses rising as well. Net revenue was $3.1 million versus last year’s $2.4 million for the same time period. The quarter included $240,000 in non-recurring royalty revenue. The jump in revenue was largely attributed to […]
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StaffNovember 29, 2017
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Financial

Cronos Group Delivers Strong Revenue Increase For Third Quarter

4min00
Toronto-based Cronos Group Inc. (PRMCF)  reported financial results for the third quarter ended September 30, 2017. The company delivered $1.3 million in revenue for an increase of 104% quarter-over-quarter and an increase of 962% over last year’s $123,647. Net income was reported at $1.0 million, which was a nice jump over last year’s loss of $227,607. The diluted earnings per […]
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Debra BorchardtNovember 28, 2017
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BusinessFinancialPublic

Kush Bottles Delivers Rising Revenues, Falling Net Income For Fiscal Year

4min00
California-based Kush Bottles, Inc. (KSHB), reported its financial results for its fiscal year ended August 31, 2017 with revenues climbing 129% year over year to $18.8 million. Net income came in at $69,000 down from 2016’s $72,000. Gross profits were $6.2 million, a nice jump over last year’s $2.6 million.  “Fiscal year 2017 was a pivotal […]
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StaffNovember 22, 2017
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Financial

Revenues Flat, Losses Trimmed For Axim Biotechnologies Third Quarter

4min00
Axim Biotechnologies Inc. (AXIM) delivered its third-quarter earnings with revenues essentially flat, but losses were trimmed as the research and development expenses increased dramatically. Revenues weren’t even mentioned in the company’s press release regarding its earnings for the quarter ending September 30, 2017. Revenues were recorded at $9,758, a slight increase over last year’s $9,600. […]
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StaffNovember 15, 2017
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BusinessFinancialPublic

MariMed Revenues Jump As One-Time Event Causes A Loss

4min00
Massachusetts-based MariMed Inc. (MRMD) delivered its third quarter financial results for the quarter ending September 30, 2017, with revenue increasing 96% to $1.7 million last year’s $873,000. Gross profits popped to $1.2 million over last year’s $422,000 for the same time period. Still, MariMed reported a loss of $314,000 versus last year’s loss of $6,800. […]
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StaffNovember 14, 2017
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BusinessPublic

Canopy Growth Revenues Jump 107% In Second Quarter

4min00
Canadian-based Canopy Growth (TWMJF) delivered a 107% jump in revenues for the second quarter ending September 30, 2017. Revenues of C$17.6 million increased over last year’s C$8.5 million for the same time period. This was also an 11% increase sequentially over the fiscal first quarter revenues of C$15.9 million. Canopy Growth still reported a net […]
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