IM Cannabis Q1 EPS $(0.31) Misses $(0.20) Estimate, Sales $8.95M Miss $10.60M Estimate

IM Cannabis (NASDAQ:IMCC) reported quarterly losses of $(0.31) per share which missed the analyst consensus estimate of $(0.20) by 55 percent. This is a 1650 percent decrease over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $8.95 million which missed the analyst consensus estimate of $10.60 million by 15.58 percent. This is a 8.16 percent decrease over sales of $9.74 million the same period last year.