Tilray Stock Continues To Climb After Earnings Beat, Record Revenue
Tilray Brands (NASDAQ: TLRY) reported stronger-than-expected earnings and record revenue for its fiscal third quarter, sending its stock higher. The company beat analyst estimates with adjusted earnings of 2 cents per share and revenue of $206.7 million, driven by significant growth in international cannabis revenue. Roth Capital also upgraded Tilray to Buy with a $10 price target, further contributing to the bullish sentiment.
https://www.benzinga.com/trading-ideas/movers/26/04/51631571/tilray-stock-continues-to-climb-after-earnings-beat-record-revenue