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GrowGeneration: Q3 Earnings Snapshot

By AP News
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GREENWOOD VILLAGE, Colo. (AP) — GREENWOOD VILLAGE, Colo. (AP) — GrowGeneration Corp. (GRWG) on Wednesday reported a loss of $7.3 million in its third quarter.

On a per-share basis, the Greenwood Village, Colorado-based company said it had a loss of 12 cents.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.

The company posted revenue of $55.7 million in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $55 million.

GrowGeneration expects full-year revenue in the range of $220 million to $225 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GRWG at https://www.zacks.com/ap/GRWG

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