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Bullboard - Stock Discussion Forum Aurora Cannabis Inc T.ACB

Alternate Symbol(s):  T.ACB.WS.U | ACB

Aurora Cannabis Inc. is a Canada-based medical cannabis company. The Company’s principal business lines are focused on the production, distribution and sale of cannabis and cannabis-derivative products in Canada and internationally, and the propagation of vegetables and ornamental plants in North America. Its segments include Canadian Cannabis and Plant Propagation. The Company's adult-use... see more

TSX:ACB - Post Discussion

Aurora Cannabis Inc > Very good news release
View:
Post by Reachme on Feb 09, 2023 6:02pm

Very good news release

  • Cannabis Revenues Up ~20% from Fiscal Q1 2023, Net Revenueof $61.7 Million
  • Achieves Positive Adjusted EBITDA1 in Line with Prior Guidance
  • Delivers ~$340 Million in Annualized Cost Savings Since February 2020
  • Balance Sheet Remains in Net Cash Position, Among Strongest in Industry; Debt Reduction of ~$302 Million in CY 2022
Comment by vulcan222 on Feb 09, 2023 6:22pm
Good to see the results....canopy put a bad taste In everyones mouth today... hopfully it shows we are not all cut from the same cloth.. cheers
Comment by TheProphetElijah on Feb 10, 2023 9:15am
Still a net loss but a step in the right direction towards recovery.
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