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Re: JohnCM post# 66041

Friday, 05/15/2020 7:50:56 PM

Friday, May 15, 2020 7:50:56 PM

Post# of 70338
Aurora Cannabis shares showed some life on Friday, flying nearly 70% the day after the company’s March quarter results beat expectations.

Aurora said fiscal third-quarter revenue hit 75.5 million Canadian dollars (US$53.8 million), which topped analysts’ consensus estimate at C$66.7 million. The company reported an adjusted earnings before interest, taxes, depreciation, and amortization loss of C$45.9 million, but said it expects that figure, known as adjusted Ebitda, to be positive by the September quarter.
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