07:33 AM EDT, 04/09/2024 (MT Newswires) -- Tilray Brands ( TLRY ) reported breakeven adjusted fiscal Q3 earnings per share Tuesday, down from $0.01 a year earlier.

An analyst polled by Capital IQ expected a loss of $0.12.

Revenue for the fiscal quarter ended Feb. 29 was $188.3 million, up from $145.6 million a year earlier.

Analysts surveyed by Capital IQ expected $198.3 million.

Shares of the cannabis products and foods maker were down more than 16% in Tuesday's premarket activity.

Price: 2.17, Change: -0.42, Percent Change: -16.22