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Aurora Cannabis Posts 45% Lower Quarterly Revenue, Citing Pandemic Outbreak

Aurora Cannabis Posts 45% Lower Quarterly Revenue, Citing Pandemic Outbreak

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Canadian cannabis giant Aurora Cannabis Inc. (NASDAQ:ACB) (TSX:ACB) posted its earnings for the fourth quarter and full fiscal year ended June 30, 2021, reporting on Monday a total quarterly net revenue of CA$54.83 million ($43.4 million) compared to CA$68.43 million in the same period of 2020. Q4 Financial Summary Adjusted EBITDA for the period was a loss of CA$19.26 million, which compares to a loss of CA$33.35 million in the corresponding period of the prior year;

...read full article on Benzinga

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