revenues

Second quarter 2023 earnings releases are complete, and the results were fascinating. One of the things that makes us skeptical about these quarterly reports is the forceful steering that companies apply to try to move estimates down. We generally lay out the earnings schedule weeks in...

On Tuesday, major U.S. banks released their second-quarter financial results, surpassing both earnings and revenue estimates provided by the Street. This positive outcome has reinforced market confidence in the strength and stability of the banking system. Let’s delve into how each major U.S...

Apple Inc. (NASDAQ: AAPL) supplier Hon Hai Precision Industry Co., Ltd (OTC: HNHPF), operating as Foxconn, said the company is "cautiously positive" about the outlook for the fourth quarter. What Happened: The company said “the dynamics of inflation, the pandemic, and the...

Cannabis Global, Inc. (OTCPINK: CBGL), an innovation-oriented company investing in disruptive cannabis technologies, disclosed its annual report for the fiscal year ended August 31, 2021. Revenues for the fiscal year grew to just over $1.6 million, compared to approximately $27,000 for the previous...

Cannabis retailer Planet 13 Holdings Inc. (OTCQX: PLNHF) reported Monday it has generated $23.8 million in the first three months of 2021. Moreover, March revenue amounted to $9.7 million, representing its single-month record. Larry Scheffler, the company’s co-CEO, believes that revenue will...

iAnthus Capital Holdings, Inc. (CSE:IAN) (OTCPK: ITHUF) reported Thursday its revenue went up by 93.5% year-over-year to $151.7 million in 2020. Fourth-quarter revenue amounted to $46 million. For the fiscal year ended December 31, the gross profit amounted to $86.7 million, representing a 232.2%...

MediPharm Labs Corp. (TSX:LABS) (OTCQX: MEDIF) (FSE:MLZ) generated C$6.1 million ($4.85 million) in the fourth quarter of 2020, up by 22% sequentially. The Barrie, Ontario-based company, wrapped up 2020 with C$36 million in revenue. The bet loss amounted to roughly C$30.9 million for the quarter,...

Clever Leaves Q4 And Full Year 2020 Revenue Increases 28% and 55%, Looks To Expand Globally Multi-national cannabis operator Clever Leaves Holdings Inc. (NASDAQ: CLVR) reported Tuesday afternoon its fourth-quarter revenue increased 28% year-over-year to $3.3 million. Full-year 2020 revenue amounted...

Namaste Technologies Inc. (TSXV:N) (OTCQB: NXTTF), a cannabis-focused e-commerce company, reported Tuesday it has generated CA$8 million ($6.79 million) in gross revenue over the last three months of 2020, representing a year-over-year increase of 100%. The Toronto-based company wrapped up the year...

GrowGen Achieves Record Revenues GrowGeneration Corp. (NASDAQ: GRWG) reported record full-year revenues of $193 million compared to $79.7 million in 2019, representing an increase of 143%. In 2020, adjusted EBITDA was $19.2 million versus $5.3 million in 2019. 2020 GAAP pre-tax net income...

Cannabis company Hexo Corp. (TSX:HEXO) (NYSE:HEXO) has achieved a positive adjusted EBITDA of $202,000 in the second quarter of 2021. This represents the seventh consecutive quarter of adjusted EBITDA improvement for the Ottawa-based company. Hexo also generated $32.8 million in...

Acreage Reports 55% YoY Increase In Revenue Cannabis company Acreage Holdings Inc. (OTCQX: ACRDF) has generated $31.5 million in revenue in the last three months of 2020, up by 50% year-over-year. For the full-year revenue amounted to $114.5 million, representing year-over-year...

Neptune Revenue Declines 63% YoY, Shifts To CPG And Branded Products Global health and wellness company Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT) revealed Monday its third-quarter financial results, on the heels of announcing the purchase of a 50.1% stake in baby food and...

Canopy Growth Reports Smaller Adjusted Loss In Q3 Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) is reporting yet another quarter of record net revenue. Net revenue spiked by 23% year-over-year, to $153 million, mainly due to the increase in Canadian recreational and International medical...

The Scotts Miracle-Gro Company (NYSE: SMG) reported Wednesday a 105% sales spike, reaching $748.6 million in the first three months of this fiscal year. The record quarterly results can be mainly attributed to the substantial retailer support in the U.S. Consumer and Hawthorne segments, according...