Friday, August 09, 2019 7:05:47 AM
Nope.
Here is their exact wording from their Q3 PR:
"Aurora is well positioned to achieve positive EBITDA beginning in fiscal Q4 2019 (calendar Q2 2019)."
"Adjusted EBITDA loss improved by 20% to $36.6 million as the company continues to track towards achieving EBITDA positive results beginning in Q4 2019 as operations continue to ramp up."
https://www.prnewswire.com/news-releases/aurora-cannabis-announces-financial-results-for-the-third-quarter-of-fiscal-2019-300850332.html
No waffle, no qualifiers.
This is one of the reasons the share price gains didn't hold.
Here is their exact wording from their Q3 PR:
"Aurora is well positioned to achieve positive EBITDA beginning in fiscal Q4 2019 (calendar Q2 2019)."
"Adjusted EBITDA loss improved by 20% to $36.6 million as the company continues to track towards achieving EBITDA positive results beginning in Q4 2019 as operations continue to ramp up."
https://www.prnewswire.com/news-releases/aurora-cannabis-announces-financial-results-for-the-third-quarter-of-fiscal-2019-300850332.html
No waffle, no qualifiers.
This is one of the reasons the share price gains didn't hold.
"Sometimes people don't want to hear the truth because they don't want their illusions destroyed." - Friedrich Nietzsche
"None so deaf as those that will not hear. None so blind as those that will not see." - Matthew Henry
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