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(ACB) - Should Aurora Exit Recreational Market? Analysts Dissect Cannabis Co. Earnings - Vimarsana News

(ACB) - Should Aurora Exit Recreational Market? Analysts Dissect Cannabis Co. Earnings

Share: 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, Cant...

Shopify Earnings Preview: Here’s What To Watch For - Vimarsana News

Shopify Earnings Preview: Here’s What To Watch For

Stephanie Bedard-Chateauneuf- April 26, 2021, 12:00 PM EDT SHARE ON: Shopify ( SHOP) will report its 2021 first-quarter results on April 28 before the market opens. Over the past year, shares of the e-commerce platform have soared by more than 50%. But this year, the stock price has dropped 1% year-to-date and is currently trading at approximately C$1,415 per share. Strong results could propel the stock higher, so let’s have a look at what analysts are expecting. The Zack Consensus Estimates for earnings is $0.78 per share, representing a growth of 31...