Tilray Shares Volatile After Cannabis Company Announces M&A Deal, Q3 Revenue Miss

Shares of Tilray Inc (NASDAQ:TLRY) are trading near flat in Monday’s after-hours session after the company reported third-quarter financial results — and an acquisition. Here’s what investors need to know.

By The Numbers: Tilray reported third-quarter revenues of $145.6 million, which missed the average analyst estimate of $202.47 million, according to Benzinga Pro.