canopy growth corp on wednesday reported a narrowed loss in the third quarter of fiscal 2022 while revenue declined less than analysts expected the smith falls ontariobased cannabis company said pershare loss was 28 canadian cents the equivalent of 22 us cents compared with a loss of c243 in the comparable quarter a year ago pershare loss in the period was inline with analyst expectations as polled on factset net loss attributable to the corporation was c1089 million compared with a loss of c9044 million a year ago adjusted loss before interest taxes depreciation and amortization in the quarter was c67 million an improvement of c1 million compared with the third quarter of the previous fiscal year canopy said net revenue in the period fell to c141 million from c1525 million analysts expected revenue to be c1359 million the company said it faced strong growth in consumer products revenue offset by a decline in canadian cannabis sales with a renewed sense of urgency we are focused on achieving profitability in canada by taking additional steps to simplify our business and optimize our expenses while making strategic investments in key growth areas chief financial officer judy hong said