Canopy Growth 4Q Loss Widens, Revenue Slides on Lagging International Markets

Dow Jones

05-30

Canopy Growth logged a wider loss in the fourth quarter as lower international cannabis markets dragged on revenue.

Canopy Growth shares plunged 20% in morning trading.

The Canadian cannabis company posted on Friday a widened net loss of 220.8 million Canadian dollars ($159.9 million), or C$1.43 a share, compared with a loss of C$92.3 million, or C$1.03 a share, in the comparable quarter a year ago.

Analysts were expecting an improvement to a loss of C$0.46 a share, according to a poll on FactSet.

Revenue in the period fell 11% to C$65 million, missing analyst expectations which forecasted revenue to fall to a more modest C$70.2 million.

The company noted that its Canadian cannabis segment saw growth in the quarter, but this was offset primarily by lower international markets cannabis and lower Storz & Bickel net revenue.

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCanopy Growth 4Q Loss Widens, Revenue Slides on Lagging International Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-30 21:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Canopy Growth logged a wider loss in the fourth quarter as lower international cannabis markets dragged on revenue.</p><p>Canopy Growth shares plunged 20% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e76271379f5f19f15d07a7adc98a2c48\" tg-width=\"783\" tg-height=\"840\"/></p><p>The Canadian cannabis company posted on Friday a widened net loss of 220.8 million Canadian dollars ($159.9 million), or C$1.43 a share, compared with a loss of C$92.3 million, or C$1.03 a share, in the comparable quarter a year ago.</p><p>Analysts were expecting an improvement to a loss of C$0.46 a share, according to a poll on FactSet.</p><p>Revenue in the period fell 11% to C$65 million, missing analyst expectations which forecasted revenue to fall to a more modest C$70.2 million.</p><p>The company noted that its Canadian cannabis segment saw growth in the quarter, but this was offset primarily by lower international markets cannabis and lower Storz &amp; 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