{"id":20249,"date":"2024-01-09T11:23:06","date_gmt":"2024-01-09T19:23:06","guid":{"rendered":"https:\/\/marketdepth.com\/?p=20249"},"modified":"2024-01-10T19:37:27","modified_gmt":"2024-01-11T03:37:27","slug":"tilray-announces-record-q2-revenue","status":"publish","type":"post","link":"https:\/\/marketdepth.com\/tilray-announces-record-q2-revenue\/","title":{"rendered":"Tilray Announces Record Q2 Revenue"},"content":{"rendered":"\n
Tilray (TLRY:NASD)<\/strong> announces record Q2 revenue of $194 million which is an increase of 34% from the prior year. Tilray is a leading global cannabis-lifestyle and consumer packaged goods company. The company today released Q2 2024 fiscal results in USD. The company had a increased gross profit of 11% totaling $47 million.<\/p>\n\n\n\n Tilray has the biggest market share in Canada and a leader in the European market as well. Even with the positive news in revenue the company is down 10% on the day but holding well on the year by only seeing a decline of 10%. The stock currently sits at $2.11 with a marketcap of $1.57 billion.<\/p>\n\n\n\n The company has seen increase in revenue in almost all aspects of there business. They even saw a decreased net loss of only $46 million compares to $62 million the previous quarter. Being more financialy stable the company has a whopping $143 million in cash and $116 million in marketable securities.<\/p>\n","protected":false},"excerpt":{"rendered":"Tilray (TLRY:NASD) announces record Q2 revenue of $194 million which is an increase of 34% from the prior year. Tilray is a leading global cannabis-lifestyle and consumer packaged goods company. The company today released Q2 2024 fiscal results in USD. The company had a increased gross profit of 11% totaling $47 million. Tilray has the… View Article<\/a>","protected":false},"author":3,"featured_media":20250,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":0,"footnotes":""},"categories":[10,31,17,16],"tags":[],"acf":[],"yoast_head":"\n