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Benzinga
Benzinga
Business
Nina Zdinjak

Analysts Going Hard On Tilray, Slashing Price Targets; How Much Adj. EBITDA Really Improved?

Tilray Zuanic HEXO

Tilray Brands, Inc. (NASDAQ:TLRY) reported its fiscal 2022 and fourth-quarter earnings results on Thursday, revealing net revenue growth of 8% year-over-year to $153.3 million.

In the reporting quarter, the Canadian cannabis giant had a net loss of $457.8 million compared to a net income of $33.6 million in the same period last year. 

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