Mark your calendars for Monday 16th September 2024, as High Tide (NASDAQ: HITI) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place after market close, pave the way to review a period of expectation and anticipation.
In accordance with the predictions of financial analysts on Wall Street, the organization is on track to report an expected per share of $0.02 loss for the quarter. Furthermore, the firm is projected to disclose a total revenue of $94.35 million for this quarter.
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $377.75 million for the fiscal year. Additionally, these analysts anticipate that the company will report loss of $0.03 per share during the same period.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share loss of $0.03. This figure was attributed to the company's total revenue, which reached an impressive $93.18 million during that same period.
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HITI has scheduled a conference call on 17th September 2024 at 11:30 AM eastern time to discuss the third quarter financial results and other related information.
High Tide (HITI) shares traded as low as $2.20 and as high as $2.29 on a day volume of 686.50 thousand shares, closed Friday's regular trading session at $2.23, an upturn of 1.36 percent.
