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
Will Nvidia (NVDA) continue recent winning streak in Q3 FY26?
Semiconductor giant Nvidia Corporation (NASDAQ: NVDA) is preparing to report third-quarter earnings, with investors watching closely for signs of sustained momentum in its data center business. It is estimated that
Lowe’s (LOW) Earnings Preview: Revenue and earnings anticipated to grow in Q3 2025
Shares of Lowe's Companies, Inc. (NYSE: LOW) were up 1% on Tuesday. The stock has dropped 3% in the past three months. The home improvement company is scheduled to report
Key metrics from Beyond Meat’s (BYND) Q3 2025 earnings results
Beyond Meat, Inc. (NASDAQ: BYND) reported its third quarter 2025 earnings results. Net revenues were $70.2 million, down 13.3% year-over-year. Net loss was $110.7 million, or $1.44 per share, compared
