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#Cannabis Watch: Aurora Cannabis stock dips as earnings show another sales miss, but narrowing losses

#Cannabis Watch: Aurora Cannabis stock dips as earnings show another sales miss, but narrowing losses

Canadian pot company misses sales estimates for fourth consecutive quarter, but losses come in ahead of estimates for the first time in two years

Aurora Cannabis Inc. shares dipped in after-hours trading Tuesday, after the Canadian pot company again grew revenue less than expected but showed improvement on the bottom line.

Aurora Cannabis ACBCA:ACB reported a fiscal first-quarter loss of C$11.9 million ($9.55 million), or 6 cents a share, improving from a loss of 90 cents a share a year ago. Net revenue totaled C$60.1 million, down from C$67.8 million a year ago. Analysts on average expected a loss of 26 cents a share on sales of C$61.2 million, according to FactSet….

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