TheStreet

Aurora Cannabis Inc. (ACB - Get Report) reported a second-quarter loss of C$237.8 million ($178.8 million) on revenue of C$54.2 million after the market closed Monday.

Two analysts surveyed by FactSet had expected the company to post revenue of C$51.8 million.

The company attributed the revenue surge to its launch in the Canadian consumer market, where it reported sales of C$21.6 million, and international medical markets.

The company said it sold 6,999 kg of cannabis in the quarter. Aurora said it accounted for 20% of consumer sales in Canada.

Aurora projected it will reach sustained positive EBITDA beginning in its fiscal fourth quarter.

Aurora is one of three Canadian Cannabis companies reporting this week

Tilray Inc. (TLRY is scheduled to report its fourth-quarter results on Tuesday, while Canopy Growth Corp. (CGC - Get Report) is scheduled to report its third-quarter results on Thursday. See related story here.