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Stock impact report

What Should Investors Think of Aphria's Unexpected Quarterly Loss? [The Motley Fool]

Aphria Inc. (APHA) 
Last aphria inc. earnings: 4/14 09:00 pm Check Earnings Report
Company Research Source: The Motley Fool
There aren't many marijuana companies out there that have stayed profitable over the past year or so. While most of the big names in this industry have seen their shares plummet alongside continued losses, one of the few exceptions is Canadian cannabis growerAphria(NASDAQ:APHATo many investors' surprise, however, the company reported an unexpected net loss in its recent fiscal fourth quarter. In response, the stock tumbled close to 0% following the announcement, a loss that has many investors wondering whether this pot stock is still worth a spot in their portfolio.Let's look a little deeper and see what exactly is going on.Image source: Getty Images.What happened?For the most part, Aphria has forged a reputation as being aprofitable cannabis companyIn comparison, Aphria's recent Q results featured a staggering CA$98.8 million net loss, making it one of the worst quarters in recent history for the company. That said, most of these losses were due to one-time expenses; about CA$6 milli Show less Read more
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