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HEXO Corp.

HEXO.TO•TSX
Healthcare
Drug Manufacturers - Specialty & Generic
CA$0.88
CA$0.01(1.15%)
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Over the last four quarters, HEXO Corp. achieved steady financial progress, growing revenue from $42.59M in Q4 2022 to $21.59M in Q3 2023. Gross profit stayed firm with margins at -43% in Q3 2023 versus -84% in Q4 2022. Operating income totaled -$120.72M in Q3 2023, maintaining a -559% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$29.47M. Net income dropped to -$117.21M, with EPS at -$2.68. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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