5 Things in Aphria's Q2 Update More Important Than Its Revenue Miss
Aphria (NYSE: APHA) couldn't make it three in a row. The Canadian cannabis producer posted better-than-expected results in its previous two quarterly updates. But it was a different story when it announced fiscal 2020 second-quarter results before the market opened on Tuesday.
Many investors focused on Aphria's revenue miss. The company reported net revenue of 120.6 million Canadian dollars, well below the CA$130.4 million analysts expected. However, there were at least five things in Aphria's Q2 update that were more important than the revenue miss.
Source Fool.com