Reuters Aphria, a Canadian cannabis producer, reported fourth-quarter earnings Thursday that beat analyst expectations. Consensus estimates called for negative net income, but the company ended up turning a profit. Shares surged as much as 38% on the news. The strong report comes after a year of losses for the company when short sellers questioned its […]
Aphria soars 38% after defying Wall Street estimates and turning a profit (APHA)
Reuters Aphria, a Canadian cannabis producer, reported fourth-quarter earnings Thursday that beat analyst expectations. Consensus estimates called for negative net income, but the company ended up turning a profit. Shares surged as much as 38% on the news. The strong report comes after a year of losses for the company when short sellers questioned its […]