STMicroelectronics (NYSE:STM) reported quarterly earnings of $1.32 per share which beat the analyst consensus estimate of $1.13 by 16.81 percent. This is a 60.98 percent increase over earnings of $0.82 per share from the same period last year. The company reported quarterly sales of $4.42 billion which beat the analyst consensus estimate of $4.41 billion by 0.32 percent. This is a 24.41 percent increase over sales of $3.56 billion the same period last year.
Aurora Reports 20% YoY Uptick In Global Medical Marijuana, Expects Benefits From International Cannabis Regulatory Reforms
Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) announced on Thursday its financial and operational results for the fourth quarter and fiscal year 2024.The company reported a 5% year-over-year increase in revenue to CA$67.4 million ($49.1 million) in the fourth quarter. Global medical cannabis net revenue grew by 20% over the same period to CA$45.6 million. The increase in net revenue1 of $7.7 million was primarily due to higher sales to Australia and Europe in the current period following the success of newly launched innovative cultivars in these markets.
