Organigram Lights Up Q2 With 74% Sales Surge, Profitable Turn
Strong revenue growth and profit turnaround signal positive company performance despite stock drop. Similar past performance improvements have led to recovery in stock prices.
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Strong revenue growth and profit turnaround signal positive company performance despite stock drop. Similar past performance improvements have led to recovery in stock prices.
What happened, with direct paths to the underlying reporting
OGI's Q2 2025 net sales rose 74% year-over-year, totaling CA$65.6 million. Gross revenue increased 79% driven by Motif acquisition and international sales. Adjusted gross margin improved to 33%, expected to rise further as synergies are realized. Organigram reported a net income of CA$42.5 million, reversing last year's loss. Stock price dropped 11% to $1.54 during premarket trading after earnings release.
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