TLRY - DAILY CHART
Hi, today we are going to talk about Tilray and its current landscape.
A dichotomy surges today on the Tilray Inc after the company reported its earnings yesterday with a worse than expected Earnings Per Share (EPS) -66.67% lower than forecasted and a better than expected Revenue, surpassing markets expectations in +3.05%. The increase in revenue was attributed to the stellar growth of pot sale reported by the company, with the help of European markets the company pulled off an increase of 5 times on its sales compared to the last year. A good signal for the company that gains traction on its pathway to becoming profitable.
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A dichotomy surges today on the Tilray Inc after the company reported its earnings yesterday with a worse than expected Earnings Per Share (EPS) -66.67% lower than forecasted and a better than expected Revenue, surpassing markets expectations in +3.05%. The increase in revenue was attributed to the stellar growth of pot sale reported by the company, with the help of European markets the company pulled off an increase of 5 times on its sales compared to the last year. A good signal for the company that gains traction on its pathway to becoming profitable.
Thank you for reading and leave your comments if you like.
To have access to our exclusive contents, join the Traders Heaven today! Link Below.
Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.
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