Tilray Brands shares jumped 2.23% after hours as quarterly revenue beat estimates, despite earnings per share missing expectations.
Tilray posted FY2026 revenue $915.5M (+11% YoY) and $61.1M adjusted EBITDA; EPS missed at $0.05 vs $0.21. Stock down 42% YoY to $4.12 despite margin expansion and growth, signaling market's persistent wariness on cannabis retail despite operational momentum.
Tilray Brands Inc. (NASDAQ:TLRY) shares are trending on Wednesday.
TLRY jumped 2.23% to $4.12 in after-hours trading following fourth-quarter results, in which revenue topped analyst estimates.
The fourth quarter and fiscal year results that were announced after the markets closed were for the period ended May 31.
What Does Q4 Data Say
In the quarter, the cannabis and beverage company posted $281.7 million in revenue, beating the analyst estimate of $254.53 million by 10.7%.
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