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Harrow Health Reports Q2 Profit, Revenue Below Estimates
ByAinvest
Monday, Aug 11, 2025 4:13 pm ET1min read
Harrow Health reported Q2 profit of $0.24 per share, beating estimates. The company's revenue was $63.7M, below the $66M expected. Harrow has entered into a commercialization agreement with Samsung Bioepis for its ophthalmology biosimilars portfolio in the US. The deal gives Harrow exclusive US rights to Samsung Bioepis' retinal biosimilars.
Harrow Health (HROW) reported a strong second-quarter (Q2) 2025, with earnings per share (EPS) of $0.24, surpassing the estimated $0.20 per share. However, revenue came in at $63.7 million, slightly below the expected $66.0 million. The company also announced a commercialization agreement with Samsung Bioepis, securing exclusive US rights to Samsung Bioepis' ophthalmology biosimilars portfolio.Key Highlights:
- Earnings: Harrow Health's EPS of $0.24 per share beat the consensus estimate of $0.20 per share.
- Revenue: Revenue for the quarter was $63.7 million, down from the expected $66.0 million.
- Commercialization Agreement: Harrow Health entered into a commercialization agreement with Samsung Bioepis, securing exclusive US rights to Samsung Bioepis' retinal biosimilars.
The company's earnings report indicates that while earnings exceeded expectations, revenue fell short. This discrepancy may be attributed to various factors, including market conditions and operational challenges. The commercialization agreement with Samsung Bioepis represents a significant growth opportunity for Harrow Health, as it expands its product portfolio and enters the biosimilar market.
Investors should closely monitor the market's reaction to Harrow Health's earnings report and the upcoming earnings call for more insights into the company's performance and future prospects. The earnings report also highlights the importance of considering both quantitative and qualitative factors when evaluating a company's financial health.
References:
[1] https://www.stocktitan.net/news/HROW/harrow-announces-second-quarter-2025-financial-i23x92jlxq4e.html
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