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Canadian cannabis company
Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) posted its third-quarter of fiscal 2021 financial results on Thursday with revenue of CA$58.4 million ($48.1 million), down by 19.5% year-over-year, and 17% sequentially.
The Edmonton, Alberta-based company also revealed a negative adjusted EBITDA of CA$24 million, which compares to a loss of CA$49.6 million in the same period of the prior year. It has missed the Zack Consensus Estimates for loss per share of 17 cents, reporting a loss of 24 cents per share.  
The Analysts
Following the new earnings report, Cantor Fitzgerald’s analyst
Pablo Zuanic kept a “Neutral” rating on Aurora’s stock but reduced their price target to CA$9.00 from CA$11.25.   ....

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