Tilray, Inc. (TLRY) Reports Q1 Revenue of $153.2M, Net Loss of $66M
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
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- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
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Tilray Brands’ First Quarter Fiscal Year 2023 Performance Affirms Global Cannabis Leadership
October 7, 2022 7:00 AM EDTReported Net Revenue at $153.2 Million; On a Constant Currency Basis, Net Revenue Remained Strong at $166.5 Million
Cannabis Gross Margin Increased to 51% from 43% in the Prior Year Quarter
Delivered $108 Million in Annualized Cash Savings to Date, Expects to Deliver $130 Million Across Corporate Optimization Plans
Second Highest Adjusted EBITDA in Companys History Marking the 14th Consecutive Quarter of Positive Adjusted EBITDA
Strong Balance Sheet with ~$500 Million in... More