#hexo corp

HEXO (HEXO) Q1 loss widens despite revenue growth; stock gains

HEXO Corp. (TSX: HEXO; NYSE: HEXO) reported a wider net loss for the first quarter, despite reporting revenues that more than doubled from last year. The company’s stock gained sharply during the pre-market session on Monday.

The Canada-based cannabis firm posted a net loss of C$62.4 million for the first three months of fiscal 2020, compared to a loss of C$12.8 million in the same period of…

HEXO Corp (HEXO) likely to report weak Q1 earnings on Dec 16

HEXO Corp (TSX: HEXO; NYSE: HEXO) is slated to report its earnings results for the first quarter of 2020 on Monday, December 16, before the market opens. The top line will be benefited by cannabis sales volume as demand continues to grow for dried cannabis and cannabis oil.

However, the bottom line is likely to be hurt by costs and expenses associated with the significant increase to the scale…

Hexo stock set to hit a new low; Q4 loss widens

Shares of HEXO Corp (TSX: HEXO; NYSE: HEXO) are set to hit a new low in today’s regular trading session as the company reported widened fourth quarter loss. The cannabis producer’s loss in the fourth quarter of 2019 expanded to C$56.7 million from C$10.5 million in the fourth quarter of 2018. Revenue surged to C$15.4 million from C$1.4 million in the prior year quarter. HEXO stock plunged about…

HEXO Corp (HEXO) likely to report disappointing Q4 earnings on Oct 24

HEXO Corp (TSX: HEXO; NYSE: HEXO) is slated to report its fourth-quarter earnings results on Thursday before the market opens. The Quebec, Canada-based cannabis company has been struggling to achieve the expected product sales during the quarter as well as the delay in retail store openings in the major markets.

The results continue to be unpredictable due to the limitation of the availability…

Hexo stock plunges to a new low after reporting preliminary Q4 results; withdraws FY20 outlook

Shares of HEXO Corp (TSX: HEXO; NYSE: HEXO) plummeted to a new yearly low today after the company reported preliminary results for its fourth quarter and fiscal year ended July 31, 2019. Hexo stock, which closed at $3.68 yesterday, was down about 18% and hit a fresh low ($2.89) within few minutes after the market opened. The Quebec, Canada-based cannabis company also withdrew its previously…

HEXO Corp (HEXO) to report Q3 2019 financial results after the bell

Quebec, Canada-based cannabis producer HEXO Corp (TSX: HEXO; NYSE-A: HEXO) is set to release its financial results for the third quarter of fiscal 2019 after the market closes today. Market watchers expect the company to grow its revenue for the third quarter, boosted by the international expansion, ramp up in production facilities, strategic partnerships and acquisition activities.

For the…