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Canopy Growth's Poor Earnings Report: All the Key Metrics You Should Know

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Canopy Growth's Poor Earnings Report: All the Key Metrics You Should Know

Canopy Growth (NYSE: CGC), a leading Canadian cannabis grower, reported fiscal first-quarter 2020 results for the period ended June 30 after the market closed on Wednesday.

Shares of the largest cannabis stock by market cap plunged 11.7% in after-hours trading on Wednesday. We can attribute the market's ire to the company posting a much larger loss and lighter revenue than Wall Street was expecting.

Here's how the quarter worked out for Canopy and its investors.

Source Fool.com

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