07:47 AM EST, 11/07/2025 (MT Newswires) -- Canopy Growth ( CGC ) up 13% in U.S. pre-market trading, said Friday that second-quarter net loss narrowed as revenue rose.

Net loss improved to $1.64 million, or $0.01 per share, from a net loss of $128 million, or $1.52 per share, in the prior year period.

Net revenue rose 6% to $67 million. The company recorded revenue growth in its adult-use cannabis and medical cannabis segments. International segments saw a drop of 39%, which was mainly due to supply chain issues in Europe.

"We're building a stronger, more competitive company defined by continued momentum in Canada adult-use cannabis, consistent growth in Canada medical cannabis, and a disciplined approach to strengthening our balance sheet. Together, these actions give me confidence in our ability to sustain progress and deliver results for quarters to come," said Luc Mongeau, chief executive officer.

Canopy Growth ( CGC ) shares are up $0.14, to $1.23 in New York trade.