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OrganiGram: Fiscal Q4 earnings snapshot

December 19, 2023  By The Associated Press


TORONTO (AP) — OrganiGram Holdings Inc. (OGI) on Tuesday reported a loss of $24.7 million in its fiscal fourth quarter.

The Toronto-based company said it had a loss of 8 cents per share. Losses, adjusted for asset impairment costs, came to 4 cents per share.

The cannabis producer posted revenue of $34.5 million in the period.

For the year, the company reported a loss of $184.6 million, or $2.27 per share. Revenue was reported as $120 million.

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