Tilray Brands, Inc. ($TLRY) Q1 Loss Narrows; Revenues Advance

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Tilray Brands, Inc. (NASDAQ: TLRY) unveiled its financial performance for the first quarter of the year to the general public. The disclosure was made prior to the regular trading hours.

The establishment closed the quarter with a adjusted loss of $0.01 per share, exceeded the wall street anticipated $0.04 loss per share by $0.03.

Meanwhile, the revenues for the quarter amounting to $200.04 million, fell below market predicted $219.3 million by $19.251 million.

In contrast to the matching quarter of year ago revenues increased 13.05 percent.

Tilray Brands (TLRY) shares experienced a range of $1.62 to $1.67 on a day volume of 36.11 million shares. The stock closed Wednesday's regular trading session at $1.63, demonstrating a 1.21 percent drop.