earnings Archives

StaffNovember 14, 2017

Carson, California-based Solis Tek Inc. (SLTK) delivered third-quarter 2017 revenues of $1.9 million an increase of 6% over $1.8 million for the same period in 2016. Gross profits rose 5% to $671,000 versus last year’s $640,000. “We’ve significantly expanded our product portfolio in the third quarter and the increased demand for our products has continued,” […]

StaffNovember 14, 2017

Pennsylvania-based Zynerba Pharmaceuticals, Inc. (ZYNE), reported its third-quarter earnings for the period ending September 30, 2017. The biotech company delivered a net loss of $8.3 million with basic and diluted net loss per share of $0.63. This is greater than last year’s loss of $5.9 million. The company has no revenues to report yet as the […]

Debra BorchardtNovember 10, 2017

Terra Tech Corp. (TRTC) reported third-quarter earnings after the market closed on Thursday with revenues rising as a result of the addition of Nevada dispensaries. Total revenues for the quarter ending September 30 were $10.1 million, which topped last year’s $7 million for the same time period. Cannabis sales jumped by 81.8% as a result […]

Debra BorchardtNovember 9, 2017

Aurora Cannabis Inc. (ACBFF) reported $8.2 million in revenues for the fiscal first quarter of 2018, up 169% from the same time period in 2017 and up 39% sequentially from Q4 2017. In addition to that, Aurora added approximately 2,880 active registered patients during the quarter, which translated into an 18% increase. Aurora reported net income before […]

StaffNovember 8, 2017

GrowGeneration Corp. (GRWG) reported third-quarter earnings on Wednesday with revenues of $4 million increasing 86% over the previous year’s revenue of $2.2 million. Same-store sales also jumped from $2.1 million to $2.7 million from $2.1 million reported last year for the same time period. The quarter ended September 30 and included eight stores versus last year’s […]

Debra BorchardtNovember 2, 2017

Insys Therapeutics reported its third-quarter earnings as the scandal-ridden biotech company missed revenue and earnings estimates. Net revenues of $30.7 million fell short of analysts estimates as calculated by Yahoo! Finance by $6 million and fell from last year’s $57.8 million as the company noted that the net revenues were impacted by $5 million due to […]

Debra BorchardtOctober 13, 2017

Canadian-based Aphria Inc. (APHQF) delivered a solid first quarter as revenues and gross profits rose over last year’s numbers. The low-cost producer reported that revenues for its first quarter ending August 31 were C$6.1 million a 7% increase over last year’s C$4.3 million for the same time period. Gross profits rose to C$7.9 million from […]

StaffSeptember 28, 2017

Canadian company Invictus MD Strategies Corp. (IVITF) announced its financial results for the quarter ended July 31, 2017. However, the press release mentioned nothing of sales figures and cost of sales. This required a jump over to Sedar to find out the details of the quarter. Sales for the quarter were C$566,431, which was only […]

Debra BorchardtAugust 31, 2017

Toronto-based Golden Leaf Holdings (GLDFF) reported its second quarter earnings on Tuesday with net revenue falling to $2.1 million from $2.5 million for the same time period in 2016. The 9% decline was blamed on supply constraints across the company’s portfolio. The net loss for the second quarter was $1.7 million, which was higher than […]

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Tag: earnings

Solis Tek Reports Modest Revenue Increase, Closes On Financing Round

Zynerba Losses Rise As Company Pushes Forward On Fragile-X

Terra Tech’s Earnings Boosted By Blum Dispensaries In Nevada

Aurora Cannabis Delivers Big Jump In Revenues As Patient Counts Rise

GrowGeneration Reports Revenue Increases 86% In Third Quarter

Insys Therapeutics Delivers Third Quarter Earnings Amid Bribery Scandal

Aphria Delivers Solid First Quarter As Revenues And Profits Rise

Invictus MD Posts Big Loss For Second Quarter

Golden Leaf Reports Drop In Second Quarter Revenue

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Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

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