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GWPH - GW Pharmaceuticals Beats on Revenue Bottom Line for Q4
GW Pharmaceuticals Plc
GW Pharmaceuticals (NASDAQ: GWPH) has released what is very possibly its final earnings report as an independent company.
On Tuesday, the maker of drugs derived from cannabis published its fourth-quarter results, which revealed that it earned $148 million in revenue for the period. That was nearly 36% higher on a year-over-year basis. But its net loss deepened across that stretch of time, to just over $29 million ($0.08 per share) from the fourth-quarter 2019 deficit of nearly $25 million.