High Tide Fiscal Q3 Revenue Rises

MT Newswires Live09-16

High Tide (HITI) reported fiscal Q3 earnings late Monday of CA$0.01 ($0.007) per diluted share, the same when compared to a year earlier.

Four analysts surveyed by FactSet expected a loss of CA$0.01.

Revenue for the quarter ended July 31 was CA$149.7 million, up from CA$131.7 million a year earlier.

Analysts polled by FactSet expected CA$147.4 million.

Shares of the company jumped 14.7% in after-hours activity.

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