Aurora Cannabis Announces Fiscal First Quarter 2021 Results

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Aurora Cannabis (ACB) Reports Q1 Revenues of Cdn$67.81M

November 9, 2020 7:16 AM EST

Aurora Cannabis (NYSE: ACB) reported Q1 revenue for the quarter came in at Cdn$67.81 million, versus Cdn$0 reported last year.

#1 Canadian Medical Position by Cannabis Net Revenue & Strong International Medical GrowthCannabis Net Revenue of $67.8 million, Adjusted Gross Margin of 48%, or 52% Excluding Nordic 1 Ramp Up CostsAchieved Targeted SG&A During Q1 2021

First Quarter 2021 Highlights(Unless otherwise stated, comparisons are made between fiscal Q1 2021 and Q4 2020 results and are in Canadian dollars)

Q1 2021 total and cannabis net revenue1 was $67.8 million, a slight increase from the $67.5... More