HEXO (NASDAQ:HEXO) reported its Q1 earnings results on Tuesday, December 14, 2021 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

HEXO missed estimated earnings by 475.0%, reporting an EPS of $-0.46 versus an estimate of $-0.08, which surprised analysts.

Revenue was up $20,720,000.00 from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.39, which was followed by a 10.91% drop in the share price the next day.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.