GrowGeneration (GRWG) Issues Earnings Results

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

Shares of GRWG traded down $0.27 during mid-day trading on Friday, reaching $3.85. 90,512 shares of the company’s stock traded hands, compared to its average volume of 121,005. The stock has a market cap of $114.46 million and a price-to-earnings ratio of -21.39. GrowGeneration has a 12 month low of $1.75 and a 12 month 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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About GrowGeneration

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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