Aphria's stock surges after reporting surprise profit, revenue that rose above expectations

www.marketwatch.com
1 min read
standard
The U.S.-listed shares of Aphria Inc. undefinedundefined surged 3.7% in premarket trading Thursday, toward a 21-month high, after the Canada-based cannabis...
The U.S.-listed shares of Aphria Inc. APHA, +17.80% APHA, +16.14% surged 3.7% in premarket trading Thursday, toward a 21-month high, after the Canada-based cannabis company reported a surprise fiscal second-quarter adjusted profit and revenue that rose above forecasts, citing strength in its global cannabis and consumer packaged goods businesses. The net loss for the quarter to Nov. 30 widened to C$122.0 million ($96.3 million), or 42 cents a share,…
Tomi Kilgore
Read full article