Organigram (OGI) to Release Earnings on Tuesday

Organigram (NASDAQ:OGI) is expected to release its earnings data before the market opens on Tuesday, February 11th. Analysts expect Organigram to post earnings of ($0.03) per share and revenue of $48.94 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Organigram (NASDAQ:OGI) last posted its quarterly earnings data on Wednesday, December 18th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.01). Organigram had a negative net margin of 28.58% and a negative return on equity of 11.68%. On average, analysts expect Organigram to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Organigram Price Performance

NASDAQ:OGI opened at $1.68 on Monday. The company has a market capitalization of $211.95 million, a P/E ratio of -4.42 and a beta of 1.00. The business has a fifty day simple moving average of $1.56 and a two-hundred day simple moving average of $1.67. Organigram has a 1 year low of $1.31 and a 1 year high of $2.91.

About Organigram

Organigram Holdings Inc, through its subsidiaries, engages in the production and sale of cannabis and cannabis-derived products in Canada. It offers medical cannabis products, including whole flower, milled flower, pre-rolls, infused pre-rolls, vapes, gummies, and concentrates for medical retailers; adult use recreational cannabis under the SHRED, Holy Mountain, Big Bag O' Buds, Monjour, Trailblazer, SHRED'ems, Edison Cannabis Co, Edison JOLTS, Tremblant, and Laurentian brands.