High Tide Gets Lit After Q1 Earnings: Details

High Tide Inc. (NASDAQ: HITI) reported first-quarter earnings of one cent per share, matching analyst expectations, while revenue reached $127.9 million, surpassing the $127.15 million estimate and marking a 27.53% increase from $100.293 million year-over-year. The company generated $2.9 million in free cash flow, an improvement from a loss of $1.9 million in the same quarter last year. Following the earnings report, HITI stock rose 7.63% to $2.68 in extended trading.