Tilray Brands Achieves Record Revenue in Q1 FY2027
- 1Tilray Brands recorded a record revenue of $257.1 million in Q1 FY2027.
- 2Tilray Brands reported a 13% year-over-year decrease in cannabis revenue, with a quarterly net loss of approximately $40 million.
- 3Tilray Brands reaffirmed its FY2027 adjusted EBITDA guidance of $68 million to $75 million.
So what's the key point?
Tilray Brands reached a record revenue of $257.1 million. While cannabis revenue declined and resulted in a loss, the company reaffirmed its future profit outlook.
Source The Motley Fool +1 · View original ↗
Nothing hidden: past picks and how they did against the S&P 500.