Advertisement
Canada markets close in 56 minutes

  • S&P/TSX

    22,133.98
    +155.80 (+0.71%)
     

  • S&P 500

    5,347.21
    +55.87 (+1.06%)
     

  • DOW

    38,825.25
    +113.96 (+0.29%)
     

  • CAD/USD

    0.7306
    -0.0005 (-0.07%)
     

  • CRUDE OIL

    74.19
    +0.94 (+1.28%)
     

  • Bitcoin CAD

    97,398.82
    +728.77 (+0.75%)
     

  • CMC Crypto 200

    1,520.57
    +46.83 (+3.18%)
     

  • GOLD FUTURES

    2,375.80
    +28.40 (+1.21%)
     

  • RUSSELL 2000

    2,060.73
    +26.79 (+1.32%)
     

  • 10-Yr Bond

    4.2930
    -0.0430 (-0.99%)
     

  • NASDAQ

    17,150.94
    +293.89 (+1.74%)
     

  • VOLATILITY

    12.78
    -0.38 (-2.89%)
     

  • FTSE

    8,246.95
    +14.91 (+0.18%)
     

  • NIKKEI 225

    38,490.17
    -347.29 (-0.89%)
     

  • CAD/EUR

    0.6714
    -0.0002 (-0.03%)
     
LIVE BLOG:

BANK OF CANADA CUTS BENCHMARK OVERNIGHT RATE BY 25 BPS

Scotiabank's Derek Holt says Macklem's 'credibility is in tatters'

OrganiGram: Fiscal Q2 Earnings Snapshot

The Canadian Press
·1 min read

TORONTO (AP) — TORONTO (AP) — OrganiGram Holdings Inc. (OGI) on Tuesday reported a loss of $20.1 million in its fiscal second quarter.

On a per-share basis, the Toronto-based company said it had a loss of 22 cents. Losses, adjusted for non-recurring costs, came to 12 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.

The cannabis producer posted revenue of $27.9 million in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $28.3 million.

ADVERTISEMENT

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OGI at https://www.zacks.com/ap/OGI

The Associated Press