Tilray Up 8.2% After Hours As Posts a Narrower Fiscal Q4 Loss as it Beats a Revenue Forecast

MT Newswires07-30

Tilray Brands shares jumped 8.2% in after-hours Nasdaq trading as its fiscal fourth-quarter loss narrowed on higher than expected revenue. The company said it lost US$15.38 million, or US$0.04 per ...

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/2455612688?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-07-30 05:21","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2455612688","market":"us","top_or_hot":-1,"title":"Tilray Up 8.2% After Hours As Posts a Narrower Fiscal Q4 Loss as it Beats a Revenue Forecast","media":"MT Newswires","content":"<div>\n<p>Tilray Brands shares jumped 8.2% in after-hours Nasdaq trading as its fiscal fourth-quarter loss narrowed on higher than expected revenue. The company said it lost US$15.38 million, or US$0.04 per ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tilray-9-8-hours-posts-212109078.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","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 Up 8.2% After Hours As Posts a Narrower Fiscal Q4 Loss as it Beats a Revenue Forecast</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 Up 8.2% After Hours As Posts a Narrower Fiscal Q4 Loss as it Beats a Revenue Forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-30 05:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tilray-9-8-hours-posts-212109078.html><strong>MT Newswires</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tilray Brands shares jumped 8.2% in after-hours Nasdaq trading as its fiscal fourth-quarter loss narrowed on higher than expected revenue. The company said it lost US$15.38 million, or US$0.04 per ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tilray-9-8-hours-posts-212109078.html\">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://finance.yahoo.com/news/tilray-9-8-hours-posts-212109078.html","article_id":"2455612688","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2455612688","pubTimestamp":1722288069,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Tilray Brands , a global lifestyle consumer packaged-goods company, was at last look up 9.8% in after-hours Nasdaq trading as its fiscal fourth-quarter loss narrowed on higher than expected revenue.The company said it lost US$15.38 million, or US$0.04 per share, in the quarter ended May 31, compared to a loss of US$119.82 million, or US$0.15, in the year-prior quarter.Adjusted net income, excluding most one-time items. was US$35.1 million, or US$0.04, compared to a loss of US$11.8 million, or US$0.02, a year earlier.Revenue increased 25% to US$229.9 million from $184.2 million, beating a Capital IQ forecast of $227.30 million.Adjusted EBITDA increased 37% to US$29.5 million from US$21.5 million.\"Tilray Brands is leading the convergence of cannabis, beverages, and wellness on a global scale. In Fiscal 2024, the Company achieved remarkable growth across its businesses, with a 26% increase in net revenue over the prior year, record-breaking performance in gross profit and adjusted EBITDA,","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"TLRY":"Tilray Inc."},"translate_title":"Tilray盘后上涨8.2%，第四财季亏损收窄，超出收入预期","themeId":"c0d77e622a6742cf8335299f8317b4b4","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TLRY":1},"content_text":"Tilray Brands shares jumped 8.2% in after-hours Nasdaq trading as its fiscal fourth-quarter loss narrowed on higher than expected revenue. The company said it lost US$15.38 million, or US$0.04 per share, in the quarter ended May 31, compared to a loss of US$119.82 million, or US$0.15, in the year-prior quarter. Adjusted net income, excluding most one-time items. was US$35.1 million, or US$0.04, compared to a loss of US$11.8 million, or US$0.02, a year earlier. Revenue increased 25% to US$229.9 million from $184.2 million, beating a Capital IQ forecast of $227.30 million. Adjusted EBITDA increased 37% to US$29.5 million from US$21.5 million. \"Tilray Brands is leading the convergence of cannabis, beverages, and wellness on a global scale. In Fiscal 2024, the Company achieved remarkable growth across its businesses, with a 26% increase in net revenue over the prior year, record-breaking performance in gross profit and adjusted EBITDA, and generated positive adjusted free cash flow for the fiscal year,\" chief executive Irwin Simon said in a release. The company's shares were last seen up US$0.18 to US$2.01 after hours. They closed up $0.03 to $2.57 on the Toronto Stock Exchange.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"movement","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":"4.29.2","shortVersion":"4.29.2","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/2455612688"}