Tilray stock is having one of the worst trading sessions in 2019 as Tilray (NASDAQ:TLRY) reported a worse-than-estimated loss for the second quarter.
Revenue SoarsThe marijuana industry has had a tough few months leading up to earnings seasons for the second quarter, and contrary to expectations, many companies have managed to deliver impressive results. The same can be said of Tilray, which released its Q2 2019 financial results today. Like in the case of many other companies, Tilray generated excellent growth as far as revenues were concerned. However, the company’s losses widened further. In Q2 ...
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