Tilray Brands, Inc. (NASDAQ:TLRY) will release earnings results for the first quarter, before the opening bell on Thursday, Oct. 9.
Analysts expect the Leamington, Canada-based company to report a quarterly loss at 2 cents per share, versus a year-ago loss of 1 cent per share. Tilray Brands projects quarterly revenue of $204.55 million, compared to $200.04 million a year earlier, according to data from Benzinga Pro.
On Aug. 28, Tilray Brands’ medical division expanded its portfolio in Germany with three newly certified cannabis strains.
Shares of Tilray Brands fell 2.5% to close at $1.58 on Monday.
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