Harrow Inc cuts annual adjusted EBITDA guidance by half despite revenue growth
HROW Harrow Inc
$29.37 -3.26%
View chart & analysis → - 1Harrow Inc revenue for the third quarter reached $99.3 million, a 38.6% increase year-over-year.
- 2Harrow Inc earnings per share (EPS) for the third quarter was $0.12, a 63.6% decrease from a year ago.
- 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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