Inactive Instrument

HEXO Corp.

HEXO

CA4283043079

HEXO Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended April 30, 2023

June 14, 2023 at 04:33 pm EDT

HEXO Corp. reported earnings results for the third quarter and nine months ended April 30, 2023. For the third quarter, the company reported revenue was CAD 21.59 million compared to CAD 45.57 million a year ago. Net loss was CAD 117.21 million compared to CAD 145.01 million a year ago.
For the nine months, revenue was CAD 81.52 million compared to CAD 148.52 million a year ago. Net loss was CAD 172.74 million compared to CAD 973.17 million a year ago.

Latest news about HEXO Corp.

Tilray Brands Launches At-The-Market Share Sale to Fund Acquisitions and Investments	May. 17	MT
Tilray Brief: Announcing At-The-Market Program to Fund Strategic and Accretive Acquisitions and Accelerate Expansion Plan Upon U.S. Cannabis Rescheduling When Effective	May. 17	MT
Tilray Brief: In addition, Company no longer expects to generate positive adjusted free cash flow for the full fiscal year 2024, due to delayed timing for collecting cash on various asset sales	Apr. 09	MT
Tilray Brief: For its fiscal year ending May 31, 2024, Company ow guiding to an Adjusted EBITDA target of US$60-$63 million	Apr. 09	MT
Tilray Brief: Net loss per share narrowed to ($0.12) compared to ($1.90) in the prior year quarter	Apr. 09	MT
Tilray Brief: Net loss decreased to US$105.0 million in the third quarter compared to net loss of $1.2 billion in the prior year quarter	Apr. 09	MT
Tilray Brief: Says Achieved Q3 Net Revenue of US$188 Million, Near 30% Net Revenue Growth Over the Prior Year Quarter	Apr. 09	MT
Tilray Brands Plans 420 Activations Across Canada, Unveils 'Celebratory Product Lineup'	Apr. 04	MT
Tilray Brief: Announcing 420 Activations Across Canada and Unveiing "Celebratory Product Lineup"	Apr. 04	MT
Tilray Brief: Says 10 Barrel Brewing Unveiling Newest Ready-to-Drink Canned Cocktails	Mar. 26	MT
Tilray Brief: Announcing expansion of Redecan's product portfolio	Mar. 21	MT
Tilray Brands Secures Approval for First Medical Cannabis Extract in Portugal	Mar. 14	MT
Tilray Brief: Says Received Approval for First Medical Cannabis Extract in Portugal	Mar. 14	MT
Tilray Brief: Introducing New Naturally Flavoured CBG Infused Cannabis Beverages	Mar. 13	MT
Tilray Brief: Providing International Cannabis Update on Milestone German Cannabis Legalization	Feb. 28	MT
Tilray Brief: Cannabis Brand Good Supply Launching New 'Juiced' Cannabis Pre-Roll Multi-Packs Across Canada	Feb. 27	MT
Tilray Brief: Solei Brand Launching New Cannabis Infused Cold Brew Teas	Feb. 22	MT
Tilray Brief: Says Subsidiaries Breckenridge Distillery and Breckenridge Brewery Announcing Fourth Edition of Sexy Motor Oil Whiskey and New Sexy Motor Oil Beer	Jan. 30	MT
Tilray Brief: Says Completed Acquisition of Truss Beverage Co.	Jan. 24	MT
Tilray Brief: Says RIFF Cannabis Brand Expanding Its Collection With New THCA 'Liquid Diamond' Vapes	Jan. 23	MT
Tilray Brief: Says SweetWater Brewing Doubling Down on 'Gummies'	Jan. 16	MT
Piper Sandler on Tilray Brands: 'Tough Path To Hitting F24 Guidance; Heavy Skew To F4Q24'	Jan. 10	MT
Tilray Brands Swings to Adjusted Loss in Fiscal Q2, Net Revenue Grows; Reiterates Adjusted EBITDA Outlook for Fiscal Year 2024; Down 8.7%	Jan. 09	MT
Tilray Brands Swings to Adjusted Loss in Fiscal Q2, Net Revenue Grows; Reiterates Adjusted EBITDA Outlook for Fiscal Year 2024	Jan. 09	MT
Tilray Brief: Says "On Track" to Achieve US$30-$35 Million in Annual Savings related to Integration of HEXO Acquisition; Reiterates Financial Guidance for Fiscal Year 2024	Jan. 09	MT

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Company Profile

Hexo Corp. is a Canada-based consumer packaged goods cannabis company. The Company is engaged in cultivating, processing, packaging, and distributing cannabis products to serve the cannabis market. The Company serves the Canadian recreational market with a brand portfolio including HEXO, Redecan, UP Cannabis, Original Stash, 48North, Trail Mix, Bake Sale and Latitude brands, and the medical market in Canada and Israel. Its HEXO brand offers a range of flower strains, discreet capsules, and convenient vapes, including the HEXO FLVR lineup of flavor-first vapes.

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Pharmaceuticals

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