Harrow Inc., a leading North American eyecare pharmaceutical company, announced its financial results for the first quarter ended March 31, 2025. The company reported revenues of $47.8 million, marking a 38% increase compared to the $34.6 million recorded in the same period last year. VEVYE revenues specifically rose to $21.5 million, a 35% increase from $16.0 million in the fourth quarter of 2024. Despite these increases, Harrow reported a GAAP net loss of $17.8 million for the quarter. The company's adjusted EBITDA stood at a negative $2.0 million. Additionally, Harrow's cash flow from operations reached a record high of $19.7 million, with cash and cash equivalents totaling $66.7 million as of March 31, 2025. A significant development during this period was the mid-March launch of the _VEVYE ® Access for All_ program, which has contributed to accelerating market share capture and revenue growth. The company has encouraged stockholders to review more detailed information available in its letter to stockholders and corporate presentation posted on its website.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。