Tuesday, January 08, 2019 7:45:31 AM
I see it as 76% increase Qtr to Qtr using 52.2 mill (approx avg. for estimated range of 50-55) for the second Qtr.:
52.2 -29.7= 22.5 / 29.7 = 75.7%.
I see this as very good and an up day in reaction to this. Also margins should be better.
"The market introduction of higher-margin products, such as softgels, as well as its vape-ready CBD oil cartridge product Aurora Cloud, is expected to contribute to sustained strong gross margins during fiscal 2019."
52.2 -29.7= 22.5 / 29.7 = 75.7%.
I see this as very good and an up day in reaction to this. Also margins should be better.
"The market introduction of higher-margin products, such as softgels, as well as its vape-ready CBD oil cartridge product Aurora Cloud, is expected to contribute to sustained strong gross margins during fiscal 2019."
Recent ACB News
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