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Hydrofarm Holdings Group, Inc. (HYFM) Misses Q1 EPS by 9c ; Provides Outlook

May 14, 2024 7:05 AM EDT

Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM) reported Q1 EPS of ($0.28), $0.09 worse than the analyst estimate of ($0.19). Revenue for the quarter came in at $54.2 million versus the consensus estimate of $48.82 million.

The Company is reaffirming its full year 2024 outlook:

Net sales to decrease low to high teens in percentage terms.
Adjusted EBITDA(1) that is positive.
Free Cash Flow(1) that is positive.

For earnings history and earnings-related data on Hydrofarm Holdings Group, Inc. (HYFM) click here.



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