May 14 (Reuters) - Aurora Cannabis Inc ACB.TO :
* AURORA CANNABIS ANNOUNCES FINANCIAL RESULTS FOR THE THIRD QUARTER OF FISCAL 2019
* QTRLY PRODUCTION VOLUME INCREASED 99% TO 15,590 KGS, UP 1,200% YEAR-OVER-YEAR
* QTRLY NET REVENUE $65.15 MILLION VERSUS $16.10 MILLION
* Q3 REVENUE VIEW C$77.2 MILLION -- REFINITIV IBES DATA
* AURORA REITERATES ITS TARGET FOR Q4 WITH PRODUCTION AVAILABLE FOR SALE IN EXCESS OF 25,000 KG
* AURORA CANNABIS-ANTICIPATES PRODUCTION OF EXTRACT-BASED PRODUCTS TO INCREASE, WITH THE FULL IMPACT STARTING TO MATERIALIZE TOWARDS THE END OF FISCAL Q4
* QTRLY CANNABIS NET REVENUE $58.65 MILLION VERSUS $10.81 MILLION
* AURORA CANNABIS- ANTICIPATES CONTINUED REDUCTION IN PRODUCTION AND MANUFACTURING COSTS ALLOWING CASH COSTS PER GRAM TO CONTINUE TO TREND LOWER
* AURORA CANNABIS- MANAGEMENT REITERATES ITS EXPECTATION THAT THE AVERAGE CASH COST TO PRODUCE PER GRAM AT ITS SKY CLASS FACILITIES WILL BE BELOW $1
* QTRLY LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS $158.4 MILLION VERSUS $19.2 MILLION
* QTRLY CANNABIS CASH COST TO PRODUCE PER GRAM $1.42 VERSUS $1.53
* AURORA CANNABIS- SEES ANNUALIZED PRODUCTION RUN RATE ACROSS ITS OPERATIONAL FACILITIES IS IN EXCESS OF 150,000 KG PER ANNUM, BASED ON PLANTED ROOMS
* AURORA CANNABIS- WELL POSITIONED TO ACHIEVE POSITIVE EBITDA BEGINNING IN FISCAL Q4 2019 (CALENDAR Q2 2019)