Aurora Cannabis (ACB) Tops Q2 Net Loss of $75.14M

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Go back to Aurora Cannabis (ACB) Tops Q2 Net Loss of $75.14M

Aurora Cannabis Announces Fiscal 2022 Second Quarter Results

February 10, 2022 4:15 PM EST

Global Cannabis Net Revenue of $60.6 MillionAdjusted EBITDA Improved by 22% to a loss of $9.0 Million versus Q1 2022 Company Reaffirms Goal of Adjusted EBITDA Profitability by H1/2023Transformation Plan Ahead of Schedule; Company Now Expects to Realize Upper End of $60 to $80 Million Range in Total Cost Savings by H1/2023; ~$60 Million Annualized Savings Implemented to DateCompany Remains #1 Canadian LP in Global Medical Cannabis; International Cannabis Revenue Increased 24% from Q1 2022

NASDAQ | TSX: ACB

EDMONTON, AB, Feb. 10, 2022 /PRNewswire/ -... More