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00:02High tide shares rose in extended trading after the company reported first quarter results that
00:07beat revenue estimates, according to Benzinga. The company reported first quarter earnings of
00:12one cent per share, matching analyst estimates. Revenue came in at $127.9 million, exceeding the
00:19$127.15 million estimate and rising from $100.293 million year over year. The company generated
00:29$2.9 million in free cash flow for the three months ended January 31, 2026, improving from a $1.9
00:37million loss year over year and $1.3 million sequentially. Free cash flow reached $16.8
00:44million over the past four quarters. CEO Raj Grover cited record revenue, record gross profit,
00:50and positive free cash flow. Shares gained 7.63% to $2.68 in extended trading following the report.
00:58For all things money, visit Benzinga.com.
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