Categories AlphaGraphs, Cannabis, Earnings
TLRY Earnings: Highlights of Tilray’s Q2 2023 financial results
Cannabis company Tilray (NASDAQ: TLRY) has announced financial results for the second quarter of 2023, reporting a net loss and a 7% decrease in revenues.
The company reported a net loss of $61.6 million or $0.11 per share for the three months ended November 2022, compared to a profit of $5.8 million or breakeven per share in the prior-year period. Cannabis gross profit Increased by 37% to around $19 million.
The bottom line was negatively impacted by a 7% decline in revenues to $144.2 million. At $11.7 million, adjusted EBITDA was down 15%.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
