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Jun 30, 2023

Harrow Q2 2023 Earnings Report

Announced second quarter 2023 financial results, highlighting progress in positioning Harrow as a top-tier U.S.-focused ophthalmic pharmaceutical company and improved product portfolio.

Key Takeaways

Harrow announced its second quarter 2023 financial results, showcasing an improved product portfolio and progress toward achieving financial goals. The company's CEO highlighted the significant improvements in the balance sheet and the comprehensive ophthalmic pharmaceutical offerings in the U.S. market.

Harrow made progress positioning itself as a top-tier U.S.-focused ophthalmic pharmaceutical company.

The company improved its balance sheet through a series of transactions since January 2023.

Harrow dramatically improved its product portfolio, now one of the most comprehensive in the U.S.

The company believes it is on its way to achieving the highest financial goals for its stockholders.

Total Revenue
$33.5M
Previous year: $23.3M
+43.5%
EPS
-$0.02
Previous year: $0.01
-300.0%
Gross Profit
$23.5M
Previous year: $16.8M
+39.8%
Cash and Equivalents
$22.8M
Previous year: $46.4M
-51.0%
Free Cash Flow
$4.32M
Previous year: $4.6M
-6.2%
Total Assets
$224M
Previous year: $98.1M
+128.4%

Harrow

Harrow

Forward Guidance

No specific forward guidance was found in the provided document.