2023-05-10 16:43:29 ET
- Hydrofarm Holdings press release ( NASDAQ: HYFM ): Q1 GAAP EPS of -$0.37 misses by $0.18 .
- Revenue of $62.18M (-44.2% Y/Y) misses by $1.29M .
- Reaffirms Full Year 2023 Outlook: Net sales of approximately $290 million to $310 million, and the Company now expects results to be toward the low end of the range.
- Adjusted EBITDA (1) that is modestly positive for the full year, consistent with previous expectations.
- Free Cash Flow (1) that is positive for the full year, consistent with previous expectations.
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Shares -6.02% .
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Hydrofarm Holdings GAAP EPS of -$0.37 misses by $0.18, revenue of $62.18M misses by $1.29M