Cannabis company Tilray Brands reports second-quarter loss, revenue down from year ago

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 92%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Tilray, which keeps its books in U.S. dollars, says the loss amounted to 11 cents per diluted share for the three months ended Nov. 30

reported a second-quarter net loss of US$61.6-million compared with net income of nearly US$5.8-million in the same quarter a year earlier.

Net revenue for the quarter totalled US$144.1-million, down from nearly US$155.2-million in the same quarter last year.

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 MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canopy Growth exits from Canadian cannabis retail marketTransaction will allow Canopy Growth to 'focus on achieving profitability through streamlined operations in Canada' — via TheGrowthOp
Source: calgarysun - 🏆 63. / 52 Read more »

Canopy Growth exits from Canadian cannabis retail marketTransaction will allow Canopy Growth to 'focus on achieving profitability through streamlined operations in Canada' — via TheGrowthOp TheGrowthOp Hmm. Did there happen to be govt funds invested in this company? Asking for a friend
Source: nationalpost - 🏆 10. / 80 Read more »

Canopy Growth exits from Canadian cannabis retail marketTransaction will allow Canopy Growth to 'focus on achieving profitability through streamlined operations in Canada' — via TheGrowthOp
Source: OttawaCitizen - 🏆 21. / 68 Read more »

Canopy Growth exits from Canadian cannabis retail marketTransaction will allow Canopy Growth to 'focus on achieving profitability through streamlined operations in Canada' — via TheGrowthOp TheGrowthOp Thanks Canopy for taking our money and running away.
Source: VancouverSun - 🏆 49. / 61 Read more »