Canopy Growth reported a wider than expected loss for its last quarter. “If there is nowhere to sell consumer products, then it is very difficult to have the type of revenues everyone expected,” CEO Mark Zekulin said earlier today.
– NetApp reported adjusted quarterly profit of $1.09 per share, 15 cents above estimates, although the cloud data services company saw revenue slightly below forecasts. The company said enterprise spending remains cautious, but is no better or worse than it was in the prior quarter.
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