Categories AlphaGraphs, Cannabis, Earnings

ACB Earnings Infographic: Aurora Cannabis Q2 2023 revenue rises

Aurora Cannabis, Inc. (NASDAQ: ACB) on Friday reported a narrower net loss for the second quarter of 2023. The company’s revenues moved up 2% year-over-year during the quarter.

The Canada-based medical marijuana company reported a net loss from continuing operations of C$67.2 million for the second quarter, compared to a loss of C$75.1 million in the year-ago period. Adjusted EBITDA was C$1.4 million during the three-month period, compared to a loss of C$7.1 million in the prior-year quarter. Total revenues increased 2% annually to C$61.7 million.


Read management/analysts’ comments on quarterly reports


“We have right-sized our business while remaining the #1 Canadian LP in global medical cannabis revenues, and having demonstrated organic quarter-over-quarter revenue growth across all of our cannabis segments during Q2 2023,” said Miguel Martin, chief executive officer of Aurora Cannabis.

Prior Performance

  • Aurora Cannabis Q4 2022 earnings infographic
  • Aurora Cannabis Q3 2022 earnings infographic
  • Aurora Cannabis Q2 2022 earnings infographic
  • Aurora Cannabis Q1 2022 earnings infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Earnings Preview: Can Nvidia match its stellar FY25 performance this year?

For Nvidia Corporation (NASDAQ: NVDA), fiscal 2025 was a pivotal year in which the GPU giant generated record-high revenue and profit, capitalizing on its leadership in the AI chip market.

What to expect when Hormel Foods (HRL) reports Q2 2025 earnings results

Shares of Hormel Foods Corporation (NYSE: HRL) stayed green on Tuesday. The stock has gained 6% in the past three months. The branded foods company is scheduled to report its earnings

HD Earnings: Key quarterly highlights from Home Depot’s Q1 2025 financial results

The Home Depot (NYSE: HD) reported its first quarter 2025 earnings results today. Sales of $39.9 billion were up 9.4% year-over-year. Comparable sales decreased 0.3%. Net earnings were $3.4 billion,

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top