secwatch.observer — SEC 8-K summary
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Issuer:     HARROW, INC. (HROW)
CIK:        0001360214
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0001493152-23-016394
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Harrow reports record Q1 revenue of $26.1M, up 18% YoY; reaffirms 2023 guidance
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- Record Q1 2023 revenue $26.1M, up 18% YoY vs $22.1M and 28% sequentially (from $20.3M).
- Core gross margin 76% vs 75% prior year; adjusted EBITDA $5.3M vs $4.9M.
- Reaffirmed FY2023 guidance: net rev $135M-$143M, adj EBITDA $44M-$50M.
- Completed NDA transfers for ILEVRO, NEVANAC, MAXIDEX; launched IHEEZO at ASCRS with J-Code.
- New $100M credit facility with Oaktree Capital; signed cash-pay agreement with major insurer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1360214/000149315223016394/0001493152-23-016394-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1360214/000149315223016394/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-016394

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