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Gardening Giant Scotts Miracle-Gro Reports 46% YoY Drop In Q4 Net Sales For Its Cannabis-Focused Subsidiary
Wednesday, November 6, 2024 - 10:21am | 676The Scotts Miracle-Gro Company (NYSE:SMG) announced its results Wednesday for the full year and fourth quarter ended Sept. 30, 2024. "Fiscal 2024 was a strong transition year for the Company in which we continued to transform the business while achieving meaningful top-and bottom-line growth in our...
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SLANG Cannabis Co. Explores Strategic Alternatives Amid Q2 2024 Revenue Drop And Cash Flow Challenges
Wednesday, August 28, 2024 - 10:09am | 578SLANG Worldwide Inc. (CSE:SLNG) (OTCQB:SLGWF) reported its financial results on Tuesday for the second quarter, three months ended June 30, 2024. The Toronto-based consumer packaged goods company, reported a 26% year-over-year decrease in revenue to CA$6.28 million ($4.7 million) in the second...
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Microsoft Reports Sharp Decline In Xbox Hardware Sales For Q4, But There's A Silver Lining
Wednesday, July 31, 2024 - 4:11pm | 466Microsoft Corp‘s (NASDAQ:MSFT) latest earnings report reveals a mixed bag for its Xbox division. Hardware sales have taken a significant hit, dropping 42% year-over-year in the fourth quarter. This follows a 31% decline in the previous quarter, and although there was a slight uptick of 3% in...
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Scotts Miracle-Gro's Cannabis-Focused Subsidiary Reports 28% YoY Drop In Q3 Net Sales, Reaffirms 2024 Outlook
Wednesday, July 31, 2024 - 12:27pm | 576Scotts Miracle-Gro Company (NYSE:SMG), the world's largest marketer of branded consumer lawn and garden as well as a leader in indoor and hydroponic growing products, announced on Wednesday its results for the third quarter ended June 29, 2024. Cannabis-focused subsidiary Hawthorne Gardening...
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Cansortium Cuts Loss YoY, Reports 14% Increase In Q1 Revenue Driven By Florida Cannabis Sales Ahead Of Merger With RIV Capital
Friday, May 31, 2024 - 11:34am | 548Cansortium Inc. (CSE:TIUM) (OTCQB:CNTMF) a vertically-integrated, multi-state cannabis company operating under the FLUENT brand, announced its financial and operating results Thursday for the first quarter ended March 31, 2024. "We delivered another quarter of year-over-year revenue growth and...
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RIV Capital Reports YoY Increase In Q1 Revenue, Gross Profit Ahead Of Merger With Cansortium To Create Four-State Cannabis Company
Friday, May 31, 2024 - 11:30am | 580Cannabis-focused acquisition and investment firm RIV Capital Inc. (CSE:RIV) (OTC:CNPOF) released its financial results on Thursday for the first quarter ended March 31, 2024. Mike Totzke, the company's COO and interim CEO, called the first quarter "pivotal" referring to the official launch of the...
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Nextleaf's Q2 Net Revenue Up 57% YoY, Reports Growth Across 'Key Categories'
Wednesday, May 29, 2024 - 11:00am | 551Cannabis processor Nextleaf Solutions Ltd. (CSE:OILS) (OTCQB:OILFF) (FSE: L0MA) reported its financial results on Wednesday for the second quarter ended March 31, 2024. The Vancouver-based company said it has achieved 7% sequential and 57% year-over-year revenue growth, hitting a record CA$3.4...
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Traders Brace For Major Swing In Nvidia Stock Ahead Of Earnings Report: '...Expect Up Moves To Be As Violent As Down Moves'
Tuesday, May 21, 2024 - 4:08am | 713Ahead of Nvidia’s (NASDAQ:NVDA) upcoming earnings report, traders are gearing up for a significant shift in the company’s stock price. What Happened: Traders are bracing for a significant shift in Nvidia shares following the company’s earnings report on Wednesday, Reuters reported...
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Cannabis Edibles Maker Indiva Reports Record Revenue In 2023, Positive EBITDA And Income From Q4 Operations
Thursday, April 25, 2024 - 10:07am | 769Canadian cannabis edibles producer Indiva Limited (TSXV:NDVA) (OTC:NDVAF) announced on Thursday its financial and operating results for the fourth quarter and fiscal year ended Dec. 31, 2023. The company reported a 53.3% increase year-over-year increase in gross profit before inventory write-down...
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Craft Cannabis Co. Grown Rogue Reports Gross Profit Increase In 2023, CEO Signals Expansion
Thursday, February 29, 2024 - 11:32am | 725Cannabis company Grown Rogue International Inc. (CSE:GRIN) (OTC:GRUSF), reported its audited 2023 results on Thursday for the twelve months ended Oct, 31, 2023, revealing a 32% year-over-year increase in revenue to $23.4 million and a 102% spike in operating cash flow to $6.4 million. These figures...
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Cannabis Co. Agrify Expects To Shrink Net Loss, Expand Gross Profit In Q4
Wednesday, February 21, 2024 - 10:18am | 517Ancillary cannabis company Agrify Corporation (NASDAQ:AGFY) announced its preliminary unaudited fourth-quarter financial results on Wednesday. Q4 2023 Financial Outlook Net loss is expected to be at $750 000, compared to $2.1 million net loss in the third quarter of 2023, and $58 million loss in...
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Cannabis Vaping Sales Propel Q2 Revenue For Marijuana Co. Doing Business With Burna Boy, Berner
Wednesday, February 21, 2024 - 9:38am | 793Ispire Technology Inc. (NASDAQ:ISPR) reported financial results on Tuesday for the second quarter of fiscal 2024, three months ended Dec. 31, 2023. The Los Angeles-based company reported a 30.7% year-over-year increase in revenue to $41.7 million in the second quarter. Cannabis vaping products...
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Sega Issues Financial Warning Over 'Sluggish' Holiday Sales
Saturday, February 10, 2024 - 10:04am | 396Sega Sammy Holdings Inc - ADR (OTC: SGAMY) issued a financial warning due to disappointing sales during the crucial holiday season of 2023. The company attributed the downward revision of its sales and profit forecast to "weak sales" of new games released in the third quarter of the...
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Cannabis Producer Nextleaf Reports 85% YoY Net Revenue Increase: '2023 Delivered Financial Stability'
Wednesday, January 31, 2024 - 10:22am | 547Canadian cannabis company Nextleaf Solutions Ltd. (CSE:OILS) (OTCQB:OILFF) (FSE: L0MA) announced on Tuesday its annual financial results for fiscal 2023, revealing an 85% year-over-year increase to CA$8.2 million ($6.1 million) in net revenue. Fiscal 2023 delivered four quarters of consistent...
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Agrify's CEO Optimistic Despite YoY Decline In Q2 Revenue, Gross Profit: A Path To Profitability?
Tuesday, December 12, 2023 - 11:34am | 677Agrify Corporation (NASDAQ:AGFY) announced its second-quarter financial results on Tuesday for the three months ended June 30, 2023, revealing a 73% year-over-year decrease in revenue to $5.1 million. Raymond Chang, chairman and CEO at Agrify provided more insight into what the company's focus was...