Aphria Inc. APHA

Tilray dropped the ball a bit. A miss IMO.

[Daredevil1964]

https://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20200810:nBw8fKS7za

Revenue Increased 10% to $50.4 Million (C$69.4 Million) versus Q2 2019

Cost Savings of $13.0 Million Realized in Q2 2020 – on Pace for Total Annualized Savings of Approximately $55 Million

Net Loss of ($81.7) Million increased $45.4 Million versus Q2 2019 Partially Due to Facilities Closure and Inventory Adjustments

Adjusted EBITDA Loss of ($12.3) Million Represents 32% Improvement compared to both Q2 2019 and Q1 2020

$137 Million Q2 2020 Ending Cash Balance and $250 Million Remaining on ATM

[madmax69]

To be honest I was expecting worse, but you're right certainly not stellar.

[hevin]

Looks more like a proper s-hitting of the bed to me. Apha looks great in comparison. I'm sure our sp will be illogically punished for a day or so because of tilrays results. Such is investing. But then we gradually keep going up.

[madmax69]

Getting dumped in after hours

[WebSwinger]

Hopefully Canopy results this morning prevent Tilray from pulling Aphria down. On the bright side, Aphria is only down 0.43% in after hours trading on the NYSE. Tilray is down 9.16% in after hours trading. Canopy is down 1.34% on After hours on NYSE.