Tilray also cut its guidance for its 2024 financial year ending May 31 with expectations for adjusted EBITDA of US$60-million to US$63-million
reported a loss of US$105.0-million in its latest quarter as its net revenue rose nearly 30 per cent compared with a year earlier.
Tilray added that it no longer expects positive adjusted free cash flow for its full financial year, due to the delayed timing for collecting cash on various asset sales.
Guidance Loss Company Revenue Cash Share Cent Tilray Tilray Brands Inc. U.S.
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