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Aurora Cannabis earnings show big growth in pot sales, but worrisome profit trend

Aurora Cannabis Inc. nearly quadrupled its revenue and claimed a strong market share in an earnings report Monday that detailed the first quarter of legal recreational-pot sales in Canada, but also showed off large losses and a shrinking margin......»»

Category: topSource: marketwatchFeb 11th, 2019

Cannabis Watch: Canopy Growth earnings show decline in recreational pot sales since launch of legal weed in Canada

The world’s largest pot company said Thursday that recreational pot sales in Canada declined from the launch quarter, but continued to promise increased production of marijuana to meet demand......»»

Category: topSource: marketwatchJun 20th, 2019

Cannabis Watch: Canopy Growth earnings show decline in recreational pot sales from launch of legal weed in Canada

The world’s largest pot company said Thursday that recreational pot sales in Canada declined from the launch quarter, but continued to promise increased production of marijuana to meet demand......»»

Category: topSource: marketwatchJun 20th, 2019

Early birds score on sales, falter on profits; RIL props up Q4 earnings

Axis Bank no-show weighs on combined net profit growth.....»»

Category: topSource: business-standardApr 29th, 2018

Cannabis Earnings Roundup: Record Sales, But Concerns Remain

The four largest cannabis companies in Canada -- Aurora Cannabis Inc (NYSE: ACB), Canopy Growth Corp (NYSE: CGC), Tilray Inc (NASDAQ: TLRY) and Cronos Group Inc (NASDAQ: CRON) -- have all recently reported .....»»

Category: earningsSource: benzingaNov 14th, 2018

Zynga proclaims ‘turnaround is now complete’ as earnings show strong bookings trend

Zynga Inc. ended 2018 with faster-growing sales and bookings, and expects that trend to increase in 2019, but profit could be a problem......»»

Category: topSource: marketwatchFeb 6th, 2019

Earnings Watch: Pot, soda and videogame earnings are on Wall Street’s to-do list

Earnings Watch: Aurora Cannabis and Canopy Growth to show off legal-pot earnings; Pepsi and Coke square off; Nvidia and Activision follow rough week for videogame publishers.....»»

Category: topSource: marketwatchFeb 9th, 2019

Deere cuts full-year earnings forecast after profits miss estimates

Deere & Co.'s third-quarter earnings on Friday missed Wall Street estimates, hurt by the U.S.-China trade war that has dented the demand for farm equipment, forcing the company to revise down its full-year profit and sales growth forecasts......»»

Category: topSource: reutersAug 16th, 2019

Starbucks stock pops on earnings beat, sales growth in U.S., China

Shares of Starbucks Corp. gain nearly 6% in the extended session Thursday after the company reports fiscal third-quarter profit and sales above Wall Street expectations and raises guidance for the year......»»

Category: topSource: marketwatchJul 25th, 2019

Ericsson second-quarter operating profit matches expectations

Mobile telecom equipment maker Ericsson reported on Wednesday a rise in line with expectations in second-quarter operating earnings helped by strong sales growth in North America......»»

Category: topSource: reutersJul 17th, 2019

Cannabis Watch: Cannabis stocks slammed as Canopy earnings disappoint

Cannabis stocks fell on Friday, led by Canopy Growth Corp., after the biggest company in the sector measured by market cap reported an unexpected decline in recreational pot sales in Canada in the fourth quarter from the previous one......»»

Category: topSource: marketwatchJun 22nd, 2019

Cannabis Watch: Aurora Cannabis losses growing faster than expected, shares fall

Aurora Cannabis Inc. sales and losses both grew faster than expected in its fiscal third quarter, according to an earnings report released late Tuesday that sent shares about 2% lower in after-hours trading......»»

Category: topSource: marketwatchMay 14th, 2019

Cannabis Watch: Aurora Cannabis pot sales and losses growing faster than expected, shares fall

Aurora Cannabis Inc. sales and losses both grew faster than expected in its fiscal third quarter, according to an earnings report released late Tuesday that sent shares about 2% lower in after-hours trading......»»

Category: topSource: marketwatchMay 14th, 2019

Corning (GLW) Q1 Earnings & Revenues Top Estimates, Up Y/Y

Ongoing technology and manufacturing investments, leading to sales and profit growth across markets, drives Corning's (GLW) first-quart.....»»

Category: personnelSource: nytApr 30th, 2019

NewsWatch: Alphabet stock drops after earnings show disappointing Google sales growth

Alphabet Inc. revenue growth cooled off at the start of 2019, according to an earnings report Monday afternoon that sent shares down more than 5% in after-hours trading......»»

Category: topSource: marketwatchApr 29th, 2019

Alphabet stock drops after earnings show disappointing Google sales growth

Alphabet Inc. revenue came up short of expectations as.....»»

Category: topSource: marketwatchApr 29th, 2019

Johnson & Johnson"s stock rises after profit and sales beat, raised sales guidance

Shares of Johnson & Johnson gained 1.0% in premarket trade Tuesday, after the drug and consumer products giant reported first-quarter earnings and revenue that rose above expectations, and raised its full-year sales growth outlook. Net .....»»

Category: topSource: marketwatchApr 16th, 2019

Pentair slashes profit and sales outlook, citing weather and "moderating growth"

Shares of Pentair PLC are indicated down nearly 3% in premarket trade Tuesday, after the water solutions company slashed its earnings and sales guidance, as first-quarter results were "si.....»»

Category: topSource: marketwatchApr 9th, 2019

NewsWatch: Amazon earnings more than double, sending stock toward record highs

Amazon.com Inc.’s massive growth just grew even more massive in the first quarter, as the e-commerce giant reported Thursday that profit more than doubled and sales growth continued to accelerate......»»

Category: topSource: marketwatchApr 26th, 2018

Amazon earnings more than double, sending stock toward record highs

Amazon.com Inc.’s massive growth just grew even more massive in the first quarter, as the e-commerce giant reported Thursday that profit more than doubled and sales growth continued to accelerate......»»

Category: topSource: marketwatchApr 26th, 2018

Earnings Outlook: GM earnings are likely to show a profit decline amid flagging sales and higher costs

General Motors Co. is likely to report dwindling first-quarter profits when it reports Thursday amid falling U.S. car sales and rising raw-materials prices......»»

Category: topSource: marketwatchApr 24th, 2018