High Tide Inc. reports Q4 loss but exceeds revenue estimates

From Nasdaq: 2025-01-29 18:35:02

High Tide Inc. (HITI) reported a quarterly loss of $0.04 per share, compared to earnings of $0.02 per share a year ago. The company exceeded revenue expectations, with $98.85 million for the quarter. Despite a 5.5% stock decline this year, future performance hinges on earnings outlook and industry trends. OrganiGram (OGI) is also set to release results soon, expecting a quarterly loss of $0.03 per share.

Investors are eager to know the next steps for High Tide Inc. (HITI) after the recent earnings report. The company’s earnings outlook, estimate revisions, and Zacks Rank (#4 Sell) indicate underperformance in the market. Industry trends and the Zacks Industry Rank for Medical – Products also influence stock performance. For more insights, Zacks Investment Research offers a free report on the 7 best stocks to buy.



Read more at Nasdaq: High Tide Inc. (HITI) Reports Q4 Loss, Tops Revenue Estimates