January 10, 2025

Takeaways From Tilray's Q2 Earnings Report

59 minutes

On our latest Trade to Black podcast, hosts Shadd Dales and Anthony Varrell will discuss Tilray’s latest earnings.

Cannabis company Tilray Brands (NASDAQ:TLRY) missed Wall Street’s revenue expectations in Q4 CY2024, but sales rose 8.9% yearly to $211 million.

On the other hand, the company’s full-year revenue guidance of $975 million at the midpoint came in 8.2% above analysts’ estimates. Its non-GAAP loss of $0 per share was $0.01 above analysts’ consensus estimates.

Here are some of the notable numbers

Tilray (TLRY) Q4 CY2024 Highlights:

Revenue: $211 million vs analyst estimates of $216.3 million (8.9% year-on-year growth, 2.5% miss)

Adjusted EPS: $0 vs analyst estimates of -$0.01 ($0.01 beat)

Adjusted EBITDA: $9.02 million vs analyst estimates of $12.3 million (4.3% margin, 26.7% miss)

Management’s revenue guidance for the upcoming financial year 2025 is $975 million at the midpoint, beating analyst estimates by 8.2% and implying 17.6% growth (vs 19% in FY2024)

Operating Margin: -20%, up from -21.6% in the same quarter last year

Free Cash Flow was -$46.19 million compared to -$36.25 million in the same quarter last year

Market Capitalization: $1.24 billion

On the company'ss, stated of Tilray BrandChairman and CEOIrwin D. Simon, earnings call, , "In our fiscal second quarter, Tilray achieved strong results while making significant progress on our strategic plan.

We'll discuss a ce short term#cannabis #tilray #donaldtrump #marijuanastocks #cannabisindustry #trump #tilrayearnings #msos

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By Dales Media Group

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