Tilray (TLRY) Stock Surges To New 52-Week High On Strong Q1 Earnings Report
Tilray Brands Inc (NASDAQ:TLRY) shares are trading higher Thursday afternoon following the release of a strong first-quarter fiscal 2026 earnings report. Here’s what investors need to know.
• TLRY stock is challenging resistance. Get the details here.
What To Know: The cannabis and consumer goods company announced a record first-quarter net revenue of $210 million, marking a 5% increase year-over-year and surpassing analyst expectations.
In a significant turnaround, Tilray reported a net income of $1.5 million, or 0 cents per share, a stark contrast to the net loss of $34.7 million in the same quarter of the previous year. The company also reported …