Aurora Innovation Shares Rocketed 46% After Q4 Loss Narrows

MT Newswires Live

02-14

Aurora Innovation (AUR) shares were up over 46% on Thursday after the company reported a Q4 net loss late Wednesday of $0.11 per diluted share, compared with a $0.13 loss a year earlier.

Analysts polled by FactSet, on average, expected an $0.11 loss.

No revenue was reported for the quarter that ended Dec. 31.

The company had $227 million in cash, cash equivalents, and restricted cash as of Dec. 31.

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