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Sep 30, 2020
Harrow Q3 2020 Earnings Report
Harrow Health reported its best financial quarter in the company's history, with record revenues, gross margins, and adjusted EBITDA.
Key Takeaways
Harrow Health reported record revenues, gross margins, and adjusted EBITDA in Q3 2020. The CEO expressed optimism about the revenue trend transitioning from V-shaped to checkmark-shaped into 2021.
Third quarter of 2020 was the best financial quarter in the history of the Company.
Revenues in July were better than June, and each subsequent month continued to improve.
Company achieved record revenues, gross margins and adjusted EBITDA.
Other Harrow businesses continued to hit new and major milestones.
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Forward Guidance
The company is hopeful that its revenue trend, which currently looks V-shaped, will quickly transition into a checkmark-shaped trend line into 2021.