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Jan. 10, 2022, 7:36 a.m. EST

Tilray results beat analyst target, shares rise

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    Tilray Brands Inc. Cl 2 (TLRY)

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By Steve Gelsi

TLRY

Tilray Inc. /zigman2/quotes/209129655/composite TLRY +1.46% on Monday posted a second-quarter net loss attributable to shareholders of $201,000 or zero cents a share, compared to a loss of $99.9 million, or 41 cents a share, in the year-ago period. Revenue increased to $155.15 million from $129.46 million. Analysts expected Tilray to lose 9 cents a share on revenue of $170.5 million, according to a survey by FactSet. The cannabis company is also changing its name to Tilray Brands Inc. Shares of Tilray rose 4.2% in premarket trades.

/zigman2/quotes/209129655/composite
US : U.S.: Nasdaq
$ 4.86
+0.07 +1.46%
Volume: 21.10M
May 19, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.38 billion
Rev. per Employee
$253,146
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