Aphria Soars on Fourth-Quarter Results

Aphria (NYSE: APHA) stock was a star in late trading on Thursday, following the release of its fiscal Q4 2019 results after market close.

The company well exceeded the market's expectations for the period. Its net revenue increased more than tenfold on a year-over-year basis, rising to nearly CA$129 million (note: all figures in this story are in Canadian dollars). On average, analysts were expecting slightly under CA$98 million.

Image source: Getty Images.

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