earnings
confidence high
sentiment positive
materiality 0.75
Harrow reports preliminary Q4 revenue $65-67M, FY ~$199M; 2025 guidance >$280M
HARROW, INC.
- Preliminary Q4 2024 revenue $65-67M; full-year revenue $198-200M, both records.
- Q4 net income $5-7M; full-year net loss $(17-19)M; adjusted EBITDA Q4 $21-23M, FY $39-41M.
- 2025 revenue guidance of "over $280 million", driven by higher-margin branded business.
- Met annual leverage ratio under senior secured loan, avoiding warrant issuance to lenders.
- Audited results and 10-K filing delayed; company cites auditor needing extra time, no accounting disagreements.