Tilray Brands Shares Surge Over 21% on Revenue Beat

marketwatch2023-07-26

Shares of Tilray Brands surged Wednesday after the company's revenue rose sharply and topped analysts' estimates.The stock was up over 21% in morning trading. Shares are down 25% so far this year.The ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2354584114?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-07-26 22:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2354584114","market":"us","top_or_hot":-1,"title":"Tilray Brands Shares Surge Over 21% on Revenue Beat","media":"marketwatch","content":"<div>\n<p>Shares of Tilray Brands surged Wednesday after the company's revenue rose sharply and topped analysts' estimates.The stock was up over 21% in morning trading. Shares are down 25% so far this year.The ...</p>\n\n<a href=\"https://www.marketwatch.com/story/tilray-brands-shares-surge-24-on-revenue-beat-38f2dc2?mod=newsviewer_click\">Source Link</a>\n\n</div>\n","source":"mwatch_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tilray Brands Shares Surge Over 21% on Revenue Beat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTilray Brands Shares Surge Over 21% on Revenue Beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-26 22:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/tilray-brands-shares-surge-24-on-revenue-beat-38f2dc2?mod=newsviewer_click><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Tilray Brands surged Wednesday after the company's revenue rose sharply and topped analysts' estimates.The stock was up over 21% in morning trading. Shares are down 25% so far this year.The ...</p>\n\n<a href=\"https://www.marketwatch.com/story/tilray-brands-shares-surge-24-on-revenue-beat-38f2dc2?mod=newsviewer_click\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TLRY","symbol_name":"Tilray Inc.","start_time":0,"source_url":"https://www.marketwatch.com/story/tilray-brands-shares-surge-24-on-revenue-beat-38f2dc2?mod=newsviewer_click","article_id":"2354584114","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2354584114","pubTimestamp":1690382063,"sourceInfo":{"source_id":"mwatch_stock","name":"Market Watch"},"weMediaInfo":null,"summary":"By Ben Glickman Shares of Tilray Brands surged Wednesday after the company's revenue rose sharply and topped analysts' estimates. The stock was up 24% to $2.08 in morning trading. Shares are down 25% so far this year.  The cannabis and consumer packaged goods company reported a loss of $120 million, or 15 cents a share, in the quarter ended May 31, compared with a loss of $458 million, or 99 cents a share, a year earlier. Analysts polled by FactSet expected a per-share loss of four cents. The company's revenue rose 20% to $184 million, beating the $154 million forecast by analysts polled by FactSet. Tilray said it expects its adjusted earnings before interest, taxes, depreciation and amortization to grow 11% to 27% in the next fiscal year, with positive adjusted free cash flow. Write to Ben Glickman at ben.glickman@wsj.com","collect":0,"end_time":0,"defaultTopTitle":"marketwatch.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"TLRY":"Tilray Inc."},"translate_title":"Tilray Brands股价飙升21%","themeId":"b6251d276d524a92990b019863be720e","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TLRY":1},"content_text":"Shares of Tilray Brands surged Wednesday after the company's revenue rose sharply and topped analysts' estimates.The stock was up over 21% in morning trading. Shares are down 25% so far this year.The cannabis and consumer packaged goods company reported a loss of $120 million, or 15 cents a share, in the quarter ended May 31, compared with a loss of $458 million, or 99 cents a share, a year earlier. Analysts polled by FactSet expected a per-share loss of four cents.The company's revenue rose 20% to $184 million, beating the $154 million forecast by analysts polled by FactSet.Tilray said it expects its adjusted earnings before interest, taxes, depreciation and amortization to grow 11% to 27% in the next fiscal year, with positive adjusted free cash flow.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2354584114"}