NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Harrow, Inc. (HROW) on Monday reported second-quarter earnings of $5 million.
On a per-share basis, the Nashville, Tennessee-based company said it had net income of 13 cents. Earnings, adjusted for one-time gains and costs, came to 24 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.
The pharmaceutical and drug compounding company posted revenue of $63.7 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $65.3 million.
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