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Feb 28, 2022
Tilray Q3 2022 Earnings Report
Tilray Brands reported a profitable quarter with increased net revenue and gross profit.
Key Takeaways
Tilray Brands, Inc. reported financial results for the third fiscal quarter ended February 28, 2022. The company achieved a profitable quarter with a net income of $52.5 million and adjusted EBITDA of $10.1 million. Net revenue increased by 23% to $152 million, and gross profit increased by 31% to $39.8 million compared to the prior year quarter.
Net revenue increased 23% to $152 million.
Gross profit increased 31% to $39.8 million.
Achieved $76 million in cost synergies to date.
Maintained #1 leading marketing share in Canada.
Revenue by Segment
Forward Guidance
Tilray is setting the stage to achieve its target for $4B in revenue by the end of fiscal 2024.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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