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Benzinga
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Tilray Delivers Q1 Earnings Surprise, Strengthens Balance Sheet With Lower Debt

1. Tilray reported better-than-expected Q1 2026 earnings, breaking even. 2. Adjusted net income increased to $3.9 million compared to a loss last year. 3. Net revenue rose 5% to $209.5 million, exceeding forecasts. 4. Debt reduced by $7.7 million, stabilizing the financial position. 5. Stock price surged 29.36% following the earnings release.

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FAQ

Why Bullish?

Tilray's breaking even after losses and revenue growth signal financial recovery, reminiscent of previous market rebounds post-earnings. Similar transitions have led to bullish trends in cannabis stocks.

How important is it?

The significant improvement in earnings and revenue indicates a strong performance, likely to attract investor interest following such news.

Why Short Term?

The immediate positive response to earnings usually boosts stock prices short-term but might stabilize thereafter, as seen previously in earnings seasons.

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