Harrow sees FY25 revenue over $280M, consensus $281.2M

Commenting on the announcement, Mark Baum, CEO, stated, “We were certainly looking forward to reporting our record financial performance for the fourth quarter and full year and to sharing details on the quarter with our stockholders, including that, as promised, we successfully met the annual leverage ratio term under our senior secured loan agreement, thereby avoiding the issuance of warrants to our lenders. However, we respect our auditors’ request for additional time to complete the audit process, as we remain fully committed to comprehensive, accurate, and transparent financial reporting. In addition, and in line with Harrow’s (HROW) historical approach to providing directional financial guidance, I want to provide 2025 revenue guidance of ‘over $280 million,’ noting that our higher-margin branded business is expected to drive most of our growth this year. I look forward to filing our Form 10-K, posting our Letter to Stockholders and corporate presentation, and, of course, discussing our results on a conference call, which we intend to schedule soon.”