Long
$APHA Looks To Have Bottomed
AAPHA is out today with a strong earnings report and the fundamentals point to the worst being over for the company.
Here are the highlights:
Cannabis products producer Aphria (NYSE:APHA) is up 22% premarket on light volume in reaction to its fiscal Q1 results released this morning. Highlights:
Revenue: $126.1M (+849%); adult-use cannabis revenue: $20M.
Kg equivalents sold: 5,969 (+7%). Average retail price per gram: $7.56 (-1%).
Net income: $16.4M (-23%); non-GAAP EBITDA: $1.0M (+125%).
600K plants being cultivated in Aphria One facility.
Fiscal 2020 guidance: Revenue: $650M - 700M (distribution revenue will represent slightly more than half); non-GAAP EBITDA: $88M - 95M.
We repeat, AAPHA is profitable. Shares have a lot of room to make up on the upside.
As always, trade with caution and use protective stops.
Good luck to all!
Here are the highlights:
Cannabis products producer Aphria (NYSE:APHA) is up 22% premarket on light volume in reaction to its fiscal Q1 results released this morning. Highlights:
Revenue: $126.1M (+849%); adult-use cannabis revenue: $20M.
Kg equivalents sold: 5,969 (+7%). Average retail price per gram: $7.56 (-1%).
Net income: $16.4M (-23%); non-GAAP EBITDA: $1.0M (+125%).
600K plants being cultivated in Aphria One facility.
Fiscal 2020 guidance: Revenue: $650M - 700M (distribution revenue will represent slightly more than half); non-GAAP EBITDA: $88M - 95M.
We repeat, AAPHA is profitable. Shares have a lot of room to make up on the upside.
As always, trade with caution and use protective stops.
Good luck to all!
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。