Tilray European Weed Buy Sees Revenue Increase Five Fold But Still Reports Big Losses

Canadian marijuana producer Tilray reported mixed third-quarter earnings after the close Tuesday. Revenue beat expectations but losses were larger than expected with higher costs and lower average selling prices. $TLRY rose over 2% on the report. Tilray Inc NASDAQ: TLRY  Reported Earnings After Close Tuesday ($0.32) Missed Exp ($0.23) EPS and $45.9 Beat $40 million forecast in revenue Earnings Tilray TLRY reported a third-quarter net loss of $35.7 million, or 36 cents a share, versus $18.7 million, or 20 cents … Continue reading “Tilray European Weed Buy Sees Revenue Increase Five Fold But Still Reports Big Losses”

Tilray Reports Another Big Loss With Marijuana Selling Price Down A Third

Canadian marijuana producer Tilray reported mixed second-quarterearnings aftet the close Tuesday. Revenue beat expectations but losses were larger than expected with huigher costs and lower average selling prices. $TLRY slid over 5% on the report.