High Tide Reports Third Quarter 2024 Financial Results Featuring Record Revenue of $131.7 Million, and 2nd Consecutive Quarter of Positive Net Income [Yahoo! Finance]
High Tide Inc. - Common Shares (HITI)
Company Research
Source: Yahoo! Finance
Trailing Free Cash Flow Totaling $21.8 Million and Achieves 12% Market Share in the Provinces where it Operates , Up From 10% a Year Ago This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated August 31, 2023 , to its short form base shelf prospectus dated August 3, 2023 High Tide Remains the Highest Revenue Generating Cannabis Company Reporting in Canadian Dollars , Delivers Quarterly Revenue of $131.7 Million, an All-Time Record and an Increase of 6% Year-Over-Year and Sequentially and Reaches an Annualized Run Rate Exceeding $525 Million Income From Operations Was $3.1 Million , Marking Sizeable Improvements From $(0.7) Million During the Same Period Last Year and $2.0 Million Sequentially. The Company Also Generated Positive Net Income of $0.8 Million , Improving From $(3.6) Million Year-Over-Year and $0.2 Million Sequentially The Company Now Exceeds 1.55 Million Members of the Cabana Club, an Increase of over
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HITI
News
- High Tide Makes the Report on Business Annual Ranking of Canada's Top Growing Companies for Fourth Consecutive Year [Yahoo! Finance]Yahoo! Finance
- High Tide Makes the Report on Business Annual Ranking of Canada's Top Growing Companies for Fourth Consecutive Year [Yahoo! Finance]Yahoo! Finance
- High Tide Makes the Report on Business Annual Ranking of Canada's Top Growing Companies for Fourth Consecutive YearPR Newswire
- High Tide Inc. (NASDAQ: HITI) had its "buy" rating re-affirmed by analysts at Roth Mkm. They now have a $4.50 price target on the stock.MarketBeat
- High Tide Q3: Incredible Sales Momentum, Weaker Gross Margin (Rating Upgrade) [Seeking Alpha]Seeking Alpha
HITI
Sec Filings
- 9/23/24 - Form 6-K
- 9/16/24 - Form 6-K
- 9/16/24 - Form 6-K
- HITI's page on the SEC website