Investing.com - Aurora Cannabis reported first quarter earnings that matched analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of C$-0.05 on revenue of C$75.25M. Analysts polled by Investing.com anticipated EPS of C$-0.05 on revenue of C$91.88M. That compared to EPS of C$0.12 on revenue of C$29.67M in the same period a year earlier. The company had reported EPS of C$-0.01 on revenue of C$98.94M in the previous quarter.
For the year, Aurora Cannabis shares are down 35.55%, under-performing the S&P/TSX which is up 19.83% year to date.
Aurora Cannabis follows other major Healthcare sector earnings this month
On Thursday, Canopy Growth reported second quarter EPS of C$-1.08 on revenue of C$76.6M, compared to forecasts of EPS of C$-0.41 on revenue of C$100.95M.
Knight Therapeutics Inc earnings missed analyst's expectations on Tuesday, with third quarter EPS of C$-0.02 on revenue of C$4.03M. Investing.com analysts expected EPS of C$0.03 on revenue of C$3.31M
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