Tilray reports fourth-quarter revenue surge, deeper net loss [Toronto Globe and Mail (Ontario, Canada)]
Tilray Brands, Inc. (TLRY)
Last tilray brands, inc. earnings: 3/2 04:05 pm
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Source: Toronto Globe and Mail
Tilray reports fourth-quarter revenue surge, deeper net loss Part of cannabis and Cannabis producer Tilray Inc. reported its fourth-quarter revenue surged by more than 2 per cent year-over year to US$15.5 million, but its net loss for the period also deepened. The Nanaimo, B.C.-based company said its net loss for the quarter ended Dec. 31, 218 amounted to US$31 million or 33 US cents per share, compared to a net loss of US$3 million or four US cents per share a year earlier. Analysts had estimated quarterly revenues of US$14.15 million and a net loss of US$1.43 million or 12 US cents per share, according to those surveyed by Thomson Reuters Eikon. Story continues below advertisement Tilray said that the increased net loss for the quarter was primarily due to the increase in operating expenses due to growth initiatives, expansion of international teams and costs related to financings and merger and acquisition activities. The company’s average net selling price per gram rose to US$7
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Earnings
- 4/9/24 - Beat
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Analyst Actions
- 4/10/24 - CIBC
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Sec Filings
- 4/9/24 - Form 10-Q
- 4/9/24 - Form 8-K
- 2/16/24 - Form 8-K
- TLRY's page on the SEC website