Neptune reports fiscal third quarter 2022 financial results

Revenue totaled $18.4 million, marking fourth consecutive quarter of sequential growth gross margins hit inflection point, turning positive for the first time since transition to diversified cpg company laval, qc, feb. 10, 2022 /prnewswire/ - neptune wellness solutions inc. ("neptune" or the "company") (nasdaq: nept) (tsx: nept), a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced its financial and operating results for the three-month period ended on december 31, 2021. fiscal third quarter 2022 financial highlights (all amounts in cad unless otherwise noted): revenue totaled $18.4 million, which included a release of $1.1 million of previously reserved sales attributable to the prior quarter.
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