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Hydrofarm Holdings Group Q1 2024 Earnings Report

Hydrofarm Holdings Group logo
$0.60 -0.01 (-1.11%)
(As of 12/20/2024 05:31 PM ET)

Hydrofarm Holdings Group EPS Results

Actual EPS
-$0.28
Consensus EPS
-$0.29
Beat/Miss
Beat by +$0.01
One Year Ago EPS
-$0.34

Hydrofarm Holdings Group Revenue Results

Actual Revenue
$54.17 million
Expected Revenue
$49.00 million
Beat/Miss
Beat by +$5.17 million
YoY Revenue Growth
N/A

Hydrofarm Holdings Group Announcement Details

Quarter
Q1 2024
Time
Before Market Opens
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About Hydrofarm Holdings Group

Hydrofarm Holdings Group (NASDAQ:HYFM), together with its subsidiaries, manufactures and distributes controlled environment agriculture (CEA) equipment and supplies in the United States and Canada. The company provides agricultural lighting devices, indoor climate control equipment, and nutrients, as well as plant additives used to grow, farm, and cultivate cannabis, flowers, fruits, plants, vegetables, grains, and herbs in controlled environment. It is also involved in the distribution of CEA equipment and supplies comprising nutrients and fertilizers; grow light systems; horticulture benches and racking systems; heating, ventilation, and air conditioning systems; humidity and carbon dioxide monitors and controllers; water pumps, heaters, chillers, and filters; and various growing media typically made from soil, peat, rock wool or coconut fiber, and others. The company offers its products to specialty hydroponic retailers, commercial resellers and greenhouse builders, garden centers, hardware stores, and e-commerce retailers under the Active Air, Active Aqua, Aurora Peat Products, HEAVY 16, House & Garden, Gaia Green, Grotek, Innovative Growers Equipment, Mad Farmer, Phantom, PHOTOBIO, Procision, Roots Organics, Soul, and SunBlaster brands. It serves its products through a range of commercial and home gardening equipment and supplies retailers. Hydrofarm Holdings Group, Inc. was founded in 1977 and is based in Shoemakersville, Pennsylvania.

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