Cannabis cultivator Tilray Brands, Inc. (TLRY, TLRY.TO) reported Wednesday a net loss attributable to stockholders of Tilray for the third quarter of $26.57 million or $0.24 per share, sharply narrower than a net loss of $789.86 million or $8.69 per share in the prior-year quarter.
Excluding items, adjusted net income for the quarter was $0.02 per share, compared to adjusted net loss of $0.03 per share in the year-ago quarter.
Net revenue for the quarter increased 11 percent to $206.73 million from $185.78 million in the same quarter last year.
In Wednesday's pre-market trading, TLRY is trading on the Nasdaq at $6.79, up $0.32 or 4.95 percent.
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