Harrow jumps on predicting Q4 sales above estimate
ReutersMar 18, 2025 9:30 AM
Harrow HROW.O soars ~24% to $28.90 premarket
Eye-drug maker sees prelim Q4 sales in the $65 mln-$67 mln range; analysts' estimate stands at $58.4 mln, per data compiled by LSEG
Forecasts 2025 sales to be more than $280 mln, slightly below analysts' estimate of $281.2 mln
Expects its FDA-approved, high-profit branded products to be the main driver of growth this year
HROW gained ~181% in 2024
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