Aurora Cannabis Reports Q2 Revenue of $86 Million and Decreased Adjusted Net Income
Aurora Cannabis Inc. has released its second-quarter financial results, reporting total revenue of $86 million. The company's adjusted net income for the period was $3.1 million, representing a significant decline from the $12.0 million reported during the same period in the previous year. The $8.9 million decrease in adjusted net income is primarily attributed to a $2.5 million rise in adjusted selling, general, and administrative (SG&A) expenses. The results reflect ongoing shifts in the company's cost structure and operational spending.
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Topics: net_income revenue sg&a_expenses