HEXO Reports Q2’23 Financial Results

 HEXO Reports Q2’23 Financial Results

(marketscreener.com)

Achieved positive net income for the first time in Company history

Adjusted gross margins increased from 40% to 45% while maintaining pricing

SG&A and operating expenses continued to decrease

Generated $5.3M in cash from operation…

HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”), a leading producer of high-quality cannabis products, today reported its financial results for the second quarter of the 2023 fiscal ye…