OrganiGram Posts Q1 Loss of $0.02 Per Share, Wider Than Last Year
OrganiGram reported a fiscal Q1 net loss of $0.02 per share, missing the consensus loss estimate of $0.01. This result represents an improvement from the $0.05 per share loss recorded in Q1 of the prior fiscal year.
1. Q1 Fiscal 2026 EPS Results
OrganiGram posted a net loss of $0.02 per share for the first quarter of fiscal 2026, falling short of the $0.01 loss consensus estimate. The failure to meet the estimate reflects operational costs that outweighed revenue streams during the quarter.
2. Year-Over-Year Improvement
The $0.02 per share loss marks a significant improvement from the $0.05 per share net loss reported in Q1 of fiscal 2025, highlighting a narrowing of losses despite the miss against current estimates.
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Sources
FBZ