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Tilray Brands Fiscal Q1 Adjusted Net Loss Narrows, Net Revenue Increases
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Tilray Brands Fiscal Q1 Adjusted Net Loss Narrows, Net Revenue Increases
Oct 10, 2024 10:54 PM

07:23 AM EDT, 10/10/2024 (MT Newswires) -- Tilray Brands ( TLRY ) reported a fiscal Q1 adjusted net loss Thursday of $0.01 per diluted share, narrower than a loss of $0.04 a year earlier.

Three analysts polled by Capital IQ expected a loss of $0.03.

Net revenue for the quarter ended Aug. 31 was $200 million, up from $176.9 million a year earlier.

Analysts surveyed by Capital IQ expected $220.8 million.

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