News Formal

Cannabis company Tilray Brands reports US$34.7-million first-quarter loss, revenue up from year ago

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 7 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 92%

Loss News

United States,Quarter,Revenue

The company says the loss amounted to four cents US per diluted share for the quarter ended Aug. 31 compared with a loss of 10 cents US per diluted share a year earlier

reported a loss of US$34.7-million in its first quarter, compared with a loss of US$55.9-million in the same quarter last year, as its net revenue rose 13 per cent.

Net revenue totalled US$200.0-million for the three-month period, up from US$176.9-million in the same quarter last year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines