EnWave (TSXV: ENW) (OTC: NWVCF) reported third-quarter results for fiscal 2019 after the market close on Wednesday, Aug. 28.
Revenue jumped 49% year over year, which is a deceleration from year-over-year growth of 110% in the second quarter and 73% in the first quarter. The bottom line edged slightly lower, coming in at a net loss per share of 0.01 Canadian dollars, down from breakeven in the year-ago period as well as in the previous two quarters.
The Canada-based company makes all-natural dried cheese snacks, and it licenses, manufactures, and installs equipment for dehydrating organic materials, including food, pharmaceuticals, and cannabis -- both marijuana and hemp.