secwatch.observer — SEC 8-K summary
======================================

Issuer:     Hour Loop, Inc (HOUR)
CIK:        0001874875
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001493152-22-031662
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hour Loop Q3 revenue $17.6M (+68% YoY); raises FY2022 guidance to $91-100M
--------------------------------------------------------------------------

- Total revenues $17.6M, up 68.4% YoY and 18.6% QoQ; net income $0.15M vs $0.30M YoY (EPS $0.005).
- Gross margin 54.43%, up 158 bps YoY; operating expenses $9.5M, up 78.8%.
- Cash $1.7M (down from $10.6M); inventory $21.4M (up from $7.0M).
- Full year 2022 revenue guidance raised to $91M-$100M (36%-50% YoY growth).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1874875/000149315222031662/0001493152-22-031662-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1874875/000149315222031662/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-031662

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer