Shares of Tilray (NASDAQ: TLRY) jumped 13.6% on Monday after the cannabis company reported a significant improvement in its operational and financial results. Tilray's net revenue climbed 20% year over year to $155 million in its fiscal 2022 second quarter, which ended on Nov. 30. All told, Tilray's net income improved to $6 million, compared to a net loss of $89 million in the year-ago period. Read More...
Shares of Tilray (NASDAQ: TLRY) jumped 13.6% on Monday after the cannabis company reported a significant improvement in its operational and financial results. Tilray’s net revenue climbed 20% year over year to $155 million in its fiscal 2022 second quarter, which ended on Nov. 30. All told, Tilray’s net income improved to $6 million, compared to a net loss of $89 million in the year-ago period.
