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Stock impact report

Harrow Announces Third Quarter 2024 Financial Results

Harrow, Inc. (HROW) 
Last harrow, inc. earnings: 11/13 04:21 pm Check Earnings Report
Company Research Source: Business Wire
Third Quarter 2024 and Recent Selected Highlights:Revenues increased 44% from $34.3 million in the prior-year quarter to $49.3 millionGAAP net loss of $(4.2) millionAdjusted EBITDA of $8.8 millionOperating cash flow of $3 millionCash and cash equivalents of $72.6 million as of September 30, 2024VEVYE® total prescriptions up 55% over the second quarter of 2024IHEEZO® customer unit demand volume up 15% over the second quarter of 2024TRIESENCE® October 2024 relaunch underwayExpansion of access and affordability through multiple new partnershipsFirst major Medicare Part D win for VEVYE with major plan sponsorsFourth quarter revenue indicates meaningful overperformance of 2024 revenue guidance from the capture of third quarter revenue slack and positive demand trends for VEVYE, IHEEZO, and TRIESENCE NASHVILLE, Tenn.--(BUSINESS WIRE)--Harrow (Nasdaq: HROW), a leading North American eyecare pharmaceutical company, announced results for the third quarter and nine months ended September 30, Show less Read more
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