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Benzinga
Benzinga
Business
Henry Khederian

Following Mixed Q4 Results, Tilray's Turnaround Strategy Is Put To The Test

Tilray Brands

Shares of Tilray Brands Inc (NASDAQ:TLRY) are trading lower Tuesday morning after the global cannabis and consumer goods company reported fourth-quarter revenue that fell short of analyst expectations. Here’s what investors need to know.

What To Know: For the fiscal fourth quarter ended May 31, Tilray announced total revenue of $224.53 million. This figure represents a roughly 2% decrease year-over-year and missed the consensus analyst estimate of $250.41 million.

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