Organigram Global Inc reports results for the quarter ended June 30 - Earnings Summary

• Organigram Global Inc OGI.TO reported a quarterly adjusted loss of 4 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of two analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -2 cents to -1 cents per share.

• Revenue rose 72.4% to C$70.79 million from a year ago; analysts expected C$68.04 million.

• Organigram Global Inc's reported EPS for the quarter was a loss of 5 cents​.

• The company reported a quarterly loss of C$6.29 million.

• Organigram Global Inc shares had risen by 17.8% this quarter and lost 1.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

This summary was machine generated from LSEG data August 13 at 01:31 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)