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Hydrofarm Holdings Q3 Results: Revenue Decline But Improved Margins And Reduced Losses
Thursday, November 7, 2024 - 11:06am | 398Hydrofarm Holdings Group (NASDAQ:HYFM) posted its Q3 2024 results, showing mixed performance with a drop in net sales but improved gross margins. Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter...
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Hydrofarm Q2 2023 Financials: A Look At Margins, EBITDA, And Growth Outlook
Wednesday, August 9, 2023 - 6:01pm | 376Hydrofarm Holdings Group, Inc. (Nasdaq: HYFM) reported its Q2 2023 financials Wednesday afternoon after market close. Net sales totaled $63.1 million, down from $97.5 million, yet gross profit surged to $14.5 million from $7.3 million, with a gross profit margin of 23.0%. Adjusted gross profit...
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Hydrofarm Holdings Q1 Net Sales Drop 45% YoY, What About Gross Profit?
Thursday, May 11, 2023 - 4:21pm | 496Hydrofarm Holdings Group (NASDAQ: HYFM), a leading manufacturer and distributor of hydroponics equipment and supplies, announced its financial results for the first quarter of 2023. Bill Toler, Hydrofarm chairman stated: “I am proud of our team who has worked tirelessly to execute...