Watch These 6 Numbers When Aurora Cannabis Releases Earnings In May
The one way that struggling cannabis producer Aurora Cannabis (NYSE: ACB) can turn its fortunes around in a hurry is with a strong earnings report. But that may be easier said than done as there are many checkboxes that investors will want to tick off and review when Aurora releases its third-quarter results on May 14.
Here are six items that investors will want to keep an eye out for and assess before making an investment decision on the troubled pot stock:
When Aurora released its second-quarter results on Feb. 13, it reported cash and cash equivalents totaling 156.3 million Canadian dollars as of Dec. 31, 2019. That was down from CA$172.7 million on June 30, 2019.
Source Fool.com
