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Harrow Inc cuts annual adjusted EBITDA guidance by half despite revenue growth

Earnings Whispers · ·by G4L

HROW
HROW Harrow Inc
$29.37 -3.26%
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  1. 1Harrow Inc revenue for the third quarter reached $99.3 million, a 38.6% increase year-over-year.
  2. 2Harrow Inc earnings per share (EPS) for the third quarter was $0.12, a 63.6% decrease from a year ago.
  3. 3Harrow Inc lowered its annual adjusted EBITDA guidance from $80 million-$100 million to more than $40 million.

So what's the key point?

Harrow Inc's revenue increased, but its earnings decreased. The company lowered its expected earnings for this year to more than $40 million.

Source Earnings Whispers · View original ↗

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