59 minutes ago
Tilray Brands (TLRY) Stock: Drops as Q1 Net Loss Hits $40M and Revenue Jumps 23%
TLDR Tilray Brands (TLRY) stock drops 3.36% to $3.59 despite strong quarterly revenue. Tilray’s Q1 revenue jumps 23% to $257.1M, while net losses reach $40 million. Beverage revenue surges 82% to $101.5M, supported by the BrewDog acquisition. Cannabis revenue declines to $56.1M, despite improved margins reaching 39%. Tilray maintains its fiscal 2027 EBITDA outlook of [...]
The post Tilray Brands (TLRY) Stock: Drops as Q1 Net Loss Hits $40M and Revenue Jumps 23% appeared first on Blockonomi.
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