1 Troubling Number From Tilray's Q1 Results
Cannabis company Tilray (NASDAQ: TLRY) reported its first-quarter earnings this month. The headline was great, with revenue soaring 43% year over year (thanks to the inclusion of Aphria) and the company posting a 10th consecutive period of (adjusted) profitability.
And, while all that sounded good, looking beneath the hood there was one number buried at the end of the company's press release that stood out the most to me: Tilray's net cash used, which was deep in the red.
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Source Fool.com
