secwatch.observer — SEC 8-K summary
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Issuer:     HARROW, INC. (HROW)
CIK:        0001360214
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001493152-23-040555
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Harrow Q3 rev up 50% to $34.3M, cuts FY2023 outlook, targets >$180M in 2024
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- Record Q3 rev $34.3M (+50% YoY); GAAP net loss $4.4M; Adjusted EBITDA $9.2M (+270% YoY).
- Core gross margin improved to 78% from 72%; cash $65.6M as of Sept 30.
- 2023 guidance lowered: rev $129-136M, Adj. EBITDA $36-41M; 2024 rev target >$180M excl. TRIESENCE.
- IHEEZO launch ahead of internal targets; Fab Five and compounding underperformed.
- Completed NDA transfers for five products post-quarter; now selling under Harrow brand.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1360214/000149315223040555/0001493152-23-040555-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1360214/000149315223040555/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-040555

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