Here's the Fly in the Ointment With Aphria's Wildly Celebrated Q4 Results
Lo and behold, Aphria (NYSE: APHA) stunned everyone with a massive profit and much higher revenue than expected in its fiscal fourth-quarter results. The Canadian marijuana stock skyrocketed more than 30% during after-hours trading on Thursday evening.
Aphria's interim CEO, Irwin Simon, exclaimed that "it's a new day at Aphria." He touted the company's Q4 success, giving credit to Aphria's team.
After starting out 2019 with a bang, Aphria's shares have suffered since the company announced disappointing Q3 results in April. Now, though, the stock is poised to make a big comeback. But is there is a fly in the ointment with Aphria's wildly celebrated Q4 results that you might have overlooked amid all the fanfare?
Quelle Fool.com
