Tilray, Inc. (TLRY) Tops Q3 EPS by 19c

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Go back to Tilray, Inc. (TLRY) Tops Q3 EPS by 19c

Tilray, Inc. Reports 2020 Third Quarter Results

November 9, 2020 4:05 PM EST

Total Revenue of $51.4 Million was Flat Versus Q3 2019 and Up 2.0% Compared to Q2 2020 - Excluding Bulk Sales in the Prior Year Period, Total Revenue Increased 25%

Total Annualized Savings of Approximately $55 Million to be Achieved by Q4 2020

Net Loss of $(2.3) Million Versus Net Loss of $(36.4) Million in Q3 2019 and $(81.7) Million in Q2 2020

Adjusted EBITDA Loss Narrowed to $(1.5) Million Compared to $(12.3) Million in Q2 2020

Q3 2020 Ending Cash Balance of $155.2 Million with $209 Million Remaining Available on ATM

NANAIMO, British Columbia--(BUSINESS WIRE)-- Tilray, Inc. (Tilray or the Company) (Nasdaq: TLRY),... More