Tilray Q3 Results Miss Estimates

RTTNews | 520天前
Tilray Q3 Results Miss Estimates

(RTTNews) - Cannabis cultivator Tilray, Inc. (TLRY, TLRY.TO) reported Tuesday a third-quarter net loss attributable to stockholders of Tilray of $104.98 million or $0.12 per share, sharply narrower than a net loss of $1.21 billion or $1.90 per share in the prior-year quarter.

On average, 30 analysts polled by Thomson Reuters expected the company to report a loss of $0.05 per share for the quarter. Analysts' estimates typically exclude special items.

Net revenue for the quarter increased 29 percent to $188.34 million from $145.59 million in the same quarter last year. Analysts were looking for revenues of $198.50 million for the quarter.

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Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market moves on Friday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level, with gains across most sectors led by mining and technology stocks. Energy stocks were the only weak spot.
RTTNews | 1小时19分钟前
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as weaker than expected U.S. consumer price inflation and producer price inflation data as well as recent downbeat monthly jobs data have reinforced expectations of a US Fed rate cut at next week's meeting. Asian markets ended mixed on Thursday.
RTTNews | 1小时43分钟前
Higher Open Called For Thai Stock Market

Higher Open Called For Thai Stock Market

The Thai stock market has moved higher in five straight sessions, adding more than 35 points or 2.9 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,290-point plateau and it's expected to extend its gains on Friday.
RTTNews | 2小时43分钟前
Indonesia Shares Tipped To Open In The Green

Indonesia Shares Tipped To Open In The Green

The Indonesia stock market has moved higher in consecutive trading days, advancing almost 120 points or 1.5 percent in that span. The Jakarta Composite Index now rests just beneath the 7,750-point plateau and it's likely to open to the upside again on Friday.
RTTNews | 3小时13分钟前
Japanese Market Notably Higher

Japanese Market Notably Higher

Extending the gains in the previous two sessions, the Japanese market is notably higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 44,600 level, with gains in automakers, financial and technology stocks.
RTTNews | 3小时21分钟前
Hong Kong Bourse May Reverse Thursday's Losses

Hong Kong Bourse May Reverse Thursday's Losses

The Hong Kong stock market on Thursday ended the four-day winning streak in which it had climbed almost 1,250 points or 4.9 percent. The Hang Seng Index now sits just above the 26,080-point plateau although it figures to find renewed support on Friday.
RTTNews | 3小时28分钟前
China Shares Tipped To Open To The Upside On Friday

China Shares Tipped To Open To The Upside On Friday

The China stock market has tracked higher in two straight sessions, rising almost 70 points or 2 percent in that span. The Shanghai Composite Index now sits just above the 3,875-point plateau although it may see additional support on Friday.
RTTNews | 3小时43分钟前