Jefferies Pounds the Table on Aphria (APHA) Stock

The results are in, and it looks like cannabis company Aphria (APHA) hit another ball out of the park. Unlike other heavy hitters in the space, this name has consistently impressed Wall Street with its performance, and its most recent quarter was no exception.According to its fiscal Q3 earnings report, which was released Tuesday, the company generated net revenue of CA$144.4 million, flying past the CA$131 million consensus estimate. Not to mention this number is up from CA$120.6 million in the previous quarter. Group adjusted EBITDA also didn’t disappoint. For the fourth consecutive quarter, the figure came in positive at …read more

Source:: Yahoo Finance

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