Edition:
India

Canopy Growth Corp Reports Qtrly Loss Per Share C$0.98


Friday, 21 Jun 2019 

June 20 (Reuters) - Canopy Growth Corp ::ORATION REPORTS FOURTH QUARTER AND FISCAL 2019 RESULTS WITH ANNUAL SALES OF $226.3M.QTRLY NET REVENUE $94.1 MILLION VERSUS $22.8 MILLION.AT MARCH 31, 2019, THE COMPANY'S CASH, CASH EQUIVALENTS AVAILABLE, AND MARKETABLE SECURITIES TOTALED $4.5 BILLION.QTRLY LOSS PER SHARE $0.98.INVENTORY AT MARCH 31, 2019 AMOUNTED TO $262.1 MILLION VERSUS $101.6 MILLION AT MARCH 31, 2018.CANOPY GROWTH WILL RECORD A MATERIAL, NON-CASH CHARGE DURING Q1 OF FISCAL YEAR 2020.EXPECT NON-CASH CHARGE TO HAVE A MATERIALLY NEGATIVE IMPACT ON NET INCOME IN Q1 OF FISCAL 2020.ALL FIGURES IN C$.