GrowGeneration (GRWG) Posts Earnings Results, Meets Expectations

GrowGeneration (OTCMKTS:GRWG) issued its quarterly earnings data on Friday. The company reported ($0.02) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.02), reports. The firm had revenue of $8.41 million for the quarter, compared to analyst estimates of $9.37 million. GrowGeneration had a negative return on equity of 28.02% and a negative net margin of 19.80%.

Shares of GRWG stock traded down $0.27 during trading hours on Friday, reaching $3.85. The company’s stock had a trading volume of 90,512 shares, compared to its average volume of 121,005. The firm has a market cap of $114.46 million and a P/E ratio of -21.39. GrowGeneration has a one year low of $1.75 and a one year high of $20.00. The company has a debt-to-equity ratio of 0.19, a quick ratio of 7.28 and a current ratio of 10.38.

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GrowGeneration Company Profile

GrowGeneration Corp., through its subsidiaries, operates retail hydroponic stores. It offers farming soil, hydroponic equipment, lighting, plant nutrients, and various other products. The company serves home growers of organic vegetables and fruits, do-it yourselfers, and growers in the cannabis related markets.

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Earnings History for GrowGeneration (OTCMKTS:GRWG)

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