Cronos: A Bad Quarter That No One Talks About [Seeking Alpha]
PYXUS INTL INC (PYX)
Company Research
Source: Seeking Alpha
Cronos: A Bad Quarter That No One Talks About Summary Cronos reported 2018 Q4 results which showed negligible revenue from recreational sales in Canada. Cronos has reported the worst financial results among the large and mid-cap cannabis companies in Canada indicating its lack of success there. The company has pitched investors on its focus on technology, innovation, and international markets but these are unlikely to deliver results in the near term for shareholders. Welcome to our Cannabis Earnings series where we break down the latest earnings to help you focus on the most important topics. Introduction On March 26, Cronos ( CRON TLRY (All amounts in C$) 2018 Q4 Review Cronos reported 2018 Q4 sales of $5.6 million which grew 49% from Q3 and it marks the full-year revenue of $15.7 million for 2018. Gross margin fell to 45% which is in-line with the first quarter this year. We all know that Cronos had a weak profile in medical cannabis but it is now clear that it also struggled in th
Show less
Read more
Impact Snapshot
Event Time:
PYX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PYX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PYX alerts
High impacting PYXUS INTL INC news events
Weekly update
A roundup of the hottest topics