Categories AlphaGraphs, Cannabis, Earnings
Infographic: Highlights of Aurora Cannabis (ACB) Q3 2020 Earnings Report
Aurora Cannabis, Inc. (NYSE: ACB) reported a narrower loss for the third quarter of 2020, aided by a 16% growth in revenues. The company’s stock gained during Thursday’s after-hours trading session, following the announcement.
The Canada-based medical marijuana company said its net loss narrowed to C$137.39 million or C$1.37 per share in the March-quarter from C$158.35 million or C$1.89 per share in the same period of last year. The improvement in the bottom-line performance reflects a 16% increase in revenues to C$75.52 million.
Shares of Aurora Cannabis closed Thursday’s regular session higher in the New York Stock Exchange and continued to gain during the extended trading session. The stock, which has been on a downward spiral for several months, lost 73% since the beginning of the year.
Most Popular
Infographic: Nvidia (NVDA) Q4 revenue up 61%; earnings beat
Nvidia Corporation (NASDAQ: NVDA) Wednesday said its fourth-quarter revenues and profit increased in double-digits amid elevated demand. The results also topped the Street view, driving the stock higher during the
Nutanix (NTNX) Earnings: 2Q21 Key Numbers
Nutanix (NASDAQ: NTNX) reported second quarter 2021 earnings results today. Total revenue remained flat at $346.4 million compared to the same period a year ago. GAAP net loss was $287.3
Macy’s (M) expects digital channels to generate approx. $10 billion in sales by 2023
Shares of Macy’s Inc. (NYSE: M) were down 2.7% in morning trade on Wednesday. The stock has gained 37% since the beginning of the year. A day ago, the retailer
