Aurora Cannabis sales shrink more than expected, stock falls in late trading

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Earnings Results

Last Updated: Sept. 27, 2021 astatine 4:52 p.m. ET First Published: Sept. 27, 2021 astatine 4:48 p.m. ET

Canadian cookware institution reports wider loss, smaller-than-expected sales

An worker tends to marijuana plants astatine an Aurora Cannabis Inc. facility.

Bloomberg News

Aurora Cannabis Inc.’s income continued to diminution portion losses mounted successful the last 3 months of the Canadian company’s fiscal year, sending shares little Monday afternoon.

Aurora ACB CA:ACB reported a fiscal fourth-quarter nett nonaccomplishment of C$134 cardinal ($106 million), which was an betterment from a nonaccomplishment of much than C$1.8 cardinal successful the aforesaid 4th a twelvemonth ago. Aurora did not supply a stock number nor per-share nonaccomplishment magnitude successful its announcement.

Net...

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