Tilray Brands Reports Fiscal Q1 Breakeven, Higher Net Revenue

MT Newswires Live
Oct 09

Tilray Brands (TLRY) reported Thursday a breakeven in fiscal Q1, compared with an adjusted loss of $0.01 per diluted share a year earlier.

Analysts' estimates were unavailable for comparison.

Net revenue for the quarter ended Aug. 31 was $209.5 million, compared with $200 million a year earlier.

Analysts polled by FactSet expected $204.5 million.

Shares of Tilray Brands were up more than 9% in recent premarket activity Thursday.

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