Aurora Cannabis Inc. said Wednesday it had a net loss of C$87 million ($65.5 million) for its fiscal third quarter to March 31, wider than the loss of C$67.1...
Aurora Cannabis Inc. ACB CA:ACB said Wednesday it had a net loss of C$87 million for its fiscal third quarter to March 31, wider than the loss of C$67.1 million posted in the prior quarter. Revenue edged up to C$64.0 million from C$61.7 million in the prior quarter and C$50.4 million in the year-earlier period. There are no consensus estimates for the Canadian cannabis company. The company said it has C$230 million of cash on its balance sheet and C$80 million of convertible bonds outstanding.
4 million in the year-earlier period. There are no consensus estimates for the Canadian cannabis company. The company said it has C$230 million of cash on its balance sheet and C$80 million of convertible bonds outstanding. “This quarter, revenues in both our global medical cannabis and Canadian consumer cannabis segments held mostly steady at $38 million and $14.5 million, respectively, and we benefitted from a strong $10.
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