Categories AlphaGraphs, Cannabis, Earnings
ACB Earnings: Aurora Cannabis reports narrower Q4 loss on higher revenues
Aurora Cannabis, Inc. (NASDAQ: ACB) on Thursday reported a net loss for the fourth quarter of 2024. The company’s revenues moved up 5% year-over-year during the quarter.
The Canada-based recreational marijuana company reported a net loss from continuing operations of C$20.8 million for the fourth quarter, compared to a loss of C$76.2 million in the prior-year period. Adjusted EBITDA was C$1.89 million during the three months, down 5% from the year-ago quarter. Total revenues increased 5% annually to C$67.4 million in Q4.
“Aurora is the largest global medical cannabis company in nationally legal markets and our leadership is best differentiated by serving the diverse needs of patients across the world. In Q4 2024, global medical cannabis net revenue1 increased 20% year-over-year, supported by the recent acquisition of MedReleaf Australia, where we saw significant growth, along with higher sales in Poland and the UK,” said Aurora’s CEO Miguel Martin.
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
STZ Infographic: A snapshot of Constellation Brands’ Q4 2025 report
Constellation Brands, Inc. (NYSE: STZ) Thursday announced financial results for the fourth quarter of fiscal 2025, reporting an increase in adjusted earnings. Fourth-quarter net sales edged up 1% year-over-year to
Key highlights from CarMax’s (KMX) Q4 2025 earnings results
CarMax, Inc. (NYSE: KMX) reported its fourth quarter 2025 earnings results today. Net revenues of $6 billion were up 6.7% from the same period a year ago. Net earnings increased
American Express (AXP) likely to report higher Q1 revenue and profit
American Express Company (NYSE: AXP) has continued its profitable growth trajectory amid stable demand for its services and strong consumer engagement. That is despite a slowdown in spending among small
