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Tuesday, October 15, 2019

=Aphria (APHA) reported earnings on Tue 15 Oct 2019 (b/o)



Aphria beats by CAD0.10, misses on revs; reaffirms FY20 revs guidance

  • Reports Q1 (Aug) earnings of CAD0.07 per share, CAD0.10 better than the S&P Capital IQ Consensus of (CAD0.03); revenues rose 848.1% year/year to CAD126.1 mln vs the CAD131.15 mln S&P Capital IQ Consensus.
  • Co reaffirms guidance for FY20, sees FY20 revs of CAD650-700 mln vs. CAD637.59 mln S&P Capital IQ Consensus.
    • Co also reaffirms Adjusted EBITDA of ~CAD88-95 mln.
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