GRWG - GrowGeneration GAAP EPS of -$0.12 beats by $0.01 revenue of $70.85M beats by $13.3M

• GrowGeneration press release ( NASDAQ: GRWG ): Q3 GAAP EPS of -$0.12 beats by $0.01 .
• Revenue of $70.85M (-38.9% Y/Y) beats by $13.3M .
• Comparable store sales for the quarter decreased 58.1%
• Adjusted EBITDA loss of $2.6 million
• Cash and cash equivalents were $71.1 million on September 30, 2022
• Outlook: Revenue guidance for 2022 updated to be between $270 million to $280 million, an improvement from the previous range of $250 million to $275 million. That compares with consensus of $259.81M
• Adjusted EBITDA guidance updated to be between a loss of $10 million to $13 million, an improvement from the previous range of a loss of $12 million to $15 million
• Shares +9% .

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