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Stock impact report

Harrow Health Announces First Quarter 2019 Financial Results

Harrow, Inc. (HROW) 
Last harrow, inc. earnings: 11/13 04:21 pm Check Earnings Report
Company Research Source: GlobeNewswire
SAN DIEGO, May 09, 2019 (GLOBE NEWSWIRE) -- Harrow Health, Inc. (NASDAQ: HROW) today reported results for the first quarter 2019. First Quarter 2019 and Other Recent Notable Highlights: Consolidated revenue increased 39% year-over-year to a new record of $12.3 millionImprimisRx ophthalmology revenue increased 57% year-over-year to a new record of $11.0 million, driven by record unit volumes delivered and increasing chronic care prescription refillsImprimisRx launched five new ophthalmic formulations at the recent American Society of Cataract and Refractive Surgery meetingGross Margins of 68%, an all-time highAdjusted EBITDA (non-GAAP) of $753 thousand, a new recordNet Income (GAAP) was $11.4 millionTotal Balance Sheet assets of $66.5 million, fourth quarter 2018 ended at $49.5 million Mark L. Baum, CEO of Harrow Health, commented, “Our 2019 year is off to an excellent start as revenues, gross margins, and Adjusted EBITDA reached record highs during the first quarter.  Strong oper Show less Read more
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