RE:RE:RE:RE:RE:RE:RE:Zenabis Reports Q4 Revenues Of $15.9 Million, Net Loss Of $3the funny thing in all this is that even with a large portion of Zena's wholesale being held off til 3rd Q , Zena's sales still look stellar as compared to Sundials amazing $13.9 million which didn't have any issues. Just the spin I guess but Sundial with it's market cap just over 2.4 billion yet a widening year loss has got to make you scratch your head in wonder.
05:47 PM EDT, 03/17/2021 (MT Newswires) -- Sundial Growers (SNDL) reported after markets closed on Wednesday a Q4 net loss from continuing operations of CA$64.1 million ($51.7 million), compared with a net loss of CA$28.2 million a year earlier.
The Canadian cannabis company also reported revenue for the December quarter of CA$13.9 million, down from CA$21.6 million a year earlier. Analysts polled by Capital IQ had called for CA$14.1 million.