
In the second fiscal quarter, Tilray Brands, Inc. (TLRY) reported a record net revenue of $194 million. This reflects an impressive surge of 34% compared to the same period in the previous year, primarily attributed to robust sales in their cannabis and beverage sector.
Despite nearing break-even profitability with an adjusted loss per share of zero, the company recorded a net loss of $2.70 million adjusted for the quarter at the bottom line.