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Aurora Cannabis Reports Fiscal Third-Quarter 2020 Results


Aurora Cannabis (NYSE: ACB) unveiled its fiscal third-quarter financial results after the market closed on Thursday, reporting net revenue growth of 15.9% year over year to 75.5 million Canadian dollars and a net loss of 137.4 million Canadian dollars. 

In February, the marijuana company announced a major restructuring to reduce costs and accelerate its pathway to profitability, which translated into improved financial performance in the third quarter. 

IMAGE SOURCE: GETTY IMAGES.

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Source Fool.com

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