Canadian company Aurora Cannabis had sales of $54.8 million for the fourth quarter ended June 30, 2021. It was lower than analysts expected. The Canadian company generated 72.1 million Canadian dollars in the same period last year, after experts forecast sales of 56.8 million Canadian dollars for Aurora Cannabis.
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Earnings per share was -0.677 Canadian dollars in the previous quarter, compared to -16.660 Canadian dollars in the same quarter last year. Experts had expected a loss of 0.268 Canadian dollars per share.
The loss for the full fiscal year 2021 was -3.509 Canadian dollars per share. The forecast average here was -3.634 Canadian dollars per share. In the last fiscal year, Aurora Cannabis had a loss of 33,940 Canadian dollars per share on the books.
In terms of sales, Cannabis Group achieved sales of 245.3 million Canadian dollars in full fiscal 2021 compared to 278.9 million Canadian dollars in fiscal year 2020. Analysts estimated sales of 247.9 million Canadian dollars.
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It eventually rose 6.66 percent to US$6.81 for Aurora Cannabis’ stake in US trading on the NASDAQ.
Finanzen.net Editorial Team
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