Tilray Shares Experience Dramatic Volatility Following Surprise Profit and Equity Offering
12.10.2025 - 19:27:04Unexpected Profitability Stuns Market Observers
Tilray’s recent trading session demonstrated the extreme volatility that can characterize cannabis sector investments. The company’s stock embarked on a wild ride, initially surging on unexpectedly strong earnings before plummeting hours later when management announced a capital-raising initiative that infuriated shareholders.
For the first quarter of fiscal year 2026, Tilray reported net earnings of $1.5 million, marking a dramatic reversal from the $34.7 million loss recorded during the same period last year. This turnaround significantly exceeded market expectations.
Revenue advanced 5% to approximately $209.5 million, establishing a new record for a first-quarter performance. The company’s adjusted EBITDA jumped 9% to $10.2 million, comfortably surpassing analyst projections.
Additional balance sheet improvements included:
- Cash flow consumption reduced by $34 million year-over-year
- Liquidity... Read more...