GrowGeneration: Q1 Earnings Snapshot
By AP News
Published - May 09, 2023, 05:39 PM ET
Last Updated - Jun 21, 2023, 09:21 PM EDT
GREENWOOD VILLAGE, Colo. (AP) — GREENWOOD VILLAGE, Colo. (AP) — GrowGeneration Corp. (GRWG) on Tuesday reported a loss of $6.1 million in its first quarter.
On a per-share basis, the Greenwood Village, Colorado-based company said it had a loss of 10 cents.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.
The company posted revenue of $56.8 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $55.9 million.
