Tilray Reports $200M Q1 Net Revenue, Up 13% YoY As Net Loss Improves

Benzinga · Oct 10 22:21

Tilray Brands, Inc. (NASDAQ:TLRY) reported financial results Thursday for its first fiscal quarter ended August 31. The Canadian cannabis giant had anet revenue of $200 million, up by 13% from $177 million in the prior year quarter, but down from $229.882 million in the previous quarter.

"As the chairman and CEO of Tilray Brands, I am excited to lead a company that is disrupting the CPG industry through innovative products that are transforming the way consumers eat, drink and unwind with cannabis, hemp and beverage products," statedIrwin D. Simon, Tilray Brands' chairman and chief executive officer. "Our investments in the cannabis, wellness...

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.

Tilray Reports $200M Q1 Net Revenue, Up 13% YoY As Net Loss Improves

Risk Disclaimer