TLRY Earnings | Tilray Q4 2018 Earnings Call
Tilray posts wider-than-expected Q4 loss
March 18, 2019
Tilray (TLRY) reported a wider loss in the fourth quarter due to higher operating costs and expenses. For surviving the rising competition in the industry, the Canadian marijuana firm has resorted to taking capital investments into production capacity expansion. This has led to an increase in costs. The bottom line missed analysts? expectations while the top line exceeded consensus estimates