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Earnings Call Summary | Harrow(HROW.US) Q1 2024 Earnings Conference

Earnings Call Summary | Harrow(HROW.US) Q1 2024 Earnings Conference

業績電話會議摘要 | 哈羅(HROW.US)2024 年第一季度業績會議
富途資訊 ·  05/15 04:31  · 電話會議

The following is a summary of the Harrow, Inc. (HROW) Q1 2024 Earnings Call Transcript:

以下是哈羅公司(HROW)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Harrow Inc. reported a rise of 33% in revenues for Q1 2024 compared to Q1 2023.

  • Increased its covered lives from 40+ million to 150+ million within two months.

  • Core gross margins, after excluding non-cash expense of acquisition NDAs, are projected to rise from mid-70s to low-80s by the end of 2024.

  • The company holds $76 million in cash and cash equivalents.

  • Managing EBITDA to stay under a leverage ratio of five times, and plan to gradually increase sales, marketing, and G&A expenditure.

  • 哈羅公司報告稱,與2023年第一季度相比,2024年第一季度的收入增長了33%。

  • 在兩個月內,其承保壽命從4000多萬增加到1.5億。

  • 扣除收購保密協議的非現金支出後,預計到2024年底,核心毛利率將從70年代中期升至80年代的低點。

  • 該公司持有7600萬美元的現金和現金等價物。

  • 管理息稅折舊攤銷前利潤,將槓桿率保持在五倍以下,並計劃逐步增加銷售、營銷和併購支出。

Business Progress:

業務進展:

  • Added Greg DiPasquale to its management team focusing on sales, marketing, and sales operations activities for branded ophthalmic products.

  • Launched two products, VEVYE and IHEEZO, which have been positively received in the market.

  • PPQ batch of TRIESENCE manufactured and passed preliminary release parameters.

  • Progressing with Anterior Segment products expecting good returns.

  • Continues to sign agreements with large multi-practice organizations to improve order draw from various accounts.

  • Aims to become a leading player in the North American ophthalmic pharmaceuticals industry, as per their five-year strategic plan.

  • Greg DipaSquale加入其管理團隊,主要負責品牌眼科產品的銷售、營銷和銷售運營活動。

  • 推出了兩款產品,VEVYE和IHEEZO,在市場上受到了好評。

  • PPQ 批次 TRIESENCE 製造並通過了初步的發佈參數。

  • 前段產品的開發正在取得進展,預計會有良好的回報。

  • 繼續與大型多業務組織簽署協議,以改善來自不同賬戶的訂單。

  • 根據其五年戰略計劃,目標是成爲北美眼科製藥行業的領先者。

More details: Harrow IR

更多詳情: 哈羅紅外

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。

譯文內容由第三人軟體翻譯。


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