Tilray Climbs After Reporting 195% Jump in Revenue

Tony Owusu - finance.yahoo.com Posted 5 years ago

Tilray reported a 195% year-over-year jump in revenue to $23 million, yielding a net loss of 27 cents per share. Analysts were expecting the company to report revenue of $20.5 million, yielding a net loss of 25 cents per share. "We are pleased with our first quarter results and the ongoing, substantial progress our team has made to position Tilray as a global leader in the cannabis industry," said Brendan Kennedy, Tilray President and CEO.

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