RTTNews | Apr 12, 2021 08:11AM EDT

08:10 Monday, April 12, 2021 (RTTNews.com) - Aphria Inc. (APHA.TO, APHA) reported a third-quarter adjusted loss per share of C$0.15 compared to a loss of C$0.04, prior year. Adjusted EBITDA increased to C$12.7 million from C$5.7 million. Adjusted EBITDA from cannabis business was C$7.9 million in the third quarter.

For the third quarter, net loss was C$361.0 million, or a loss of C$1.14 per share, compared to net income of C$5.7 million, or earnings C$0.02 per share, a year ago. Third-quarter net revenue of $153.6 million, an increase of 6.4% from the prior year quarter. Net cannabis revenue of C$51.7 million, a decrease of 7.8%.

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