Categories AlphaGraphs, Cannabis, Earnings

Infographic: Highlights of Tilray’s Q3 2023 financial results

Cannabis company Tilray (NASDAQ: TLRY) has announced financial results for the third quarter of 2023, reporting a net loss and a 4% decrease in revenues.

Tilray Q3 2023 earnings infographic

The company reported a net loss of $1.20 billion or $1.90 per share for the three months ended February 2023, compared to a profit of $52.5 million or $0.09 per share in the prior-year period. Adjusted cannabis gross profit Increased by 23% year-over-year to around $22.2 million.

The bottom line was negatively impacted by a 4% decline in revenues to $145.6 million. At $14.0 million, adjusted EBITDA was up 39%.

Prior Performance

  • Tilray Q2 2023 earnings infographic
  • Tilray Q1 2023 earnings infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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