The cannabis company Tilray reported a wider first-quarter net loss as revenue more than doubled. Tilray, Nanaimo, British Columbia, reported its net loss widened to US$1.73 a share from 31 cents in the year-earlier period. Analysts surveyed by FactSet were expecting the company to report a GAAP net loss of 44 cents a share on revenue of $49.5 million. Read More...
The cannabis company Tilray reported a wider first-quarter net loss as revenue more than doubled. Tilray, Nanaimo, British Columbia, reported its net loss widened to US$1.73 a share from 31 cents in the year-earlier period. Analysts surveyed by FactSet were expecting the company to report a GAAP net loss of 44 cents a share on revenue of $49.5 million.
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