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Stock impact report

Harrow Announces Fourth Quarter and Year-End 2023 Financial Results

Harrow, Inc. (HROW) 
Last harrow, inc. earnings: 11/13 04:21 pm Check Earnings Report
Company Research Source: Business Wire
Full-Year 2023 Highlights:Revenues of $130.2 million, an increase of 47% over 2022 revenues of $88.6 million.GAAP net loss of $(24.4 million) compared with $(14.1 million) for the prior-year period.Adjusted EBITDA of $28.1 million, an increase of 116% over 2022 Adjusted EBITDA of $13.0 million.Cash from operating activities of $3.8 million.GAAP gross margin was 70% compared with 71% in the prior-year period.Core gross margin was 77% compared with 73% in the prior-year period.Cash and cash equivalents of $83 million, including investments in Eton Pharmaceuticals, as of December 31, 2023. NASHVILLE, Tenn.--(BUSINESS WIRE)--Harrow (Nasdaq: HROW), a leading U.S. eyecare pharmaceutical company, announced results for the fourth quarter and year ended December 31, 2023. The Company also posted its fourth quarter and year-end Letter to Stockholders and corporate presentation to the “Investors” section of its website, harrow.com. The Company encourages all Harrow stockholders to review thes Show less Read more
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