earnings
confidence high
sentiment neutral
materiality 0.70
Canopy Growth Q2 revenue down 9% to $63M; adjusted EBITDA loss improves 54% to $5.5M
Canopy Growth Corp
2025-Q2 EPS
reported -$3.08
vs consensus -$0.24
▼ miss
(-1184.9%)
- Net revenue $63.0M, down 9% YoY; excluding divested businesses, up 3%.
- Adjusted EBITDA loss $5.5M, improved 54% YoY; net loss from cont. ops $131.6M.
- Canada medical revenue +16% YoY; Storz & Bickel +32% on Germany reform and US sales.
- Early prepayment reduced secured term loan by US$100M; cash balance $231M.
- Canopy USA closed Wana acquisition post-quarter; Acreage acquisition on track for H1 2025.