Grove Collaborative Holdings, Inc. (GROV) Tops Q4 EPS by 1c, Offers Guidance

Grove Collaborative Holdings, Inc. (NYSE: GROV) reported Q4 EPS of ($0.08), $0.01 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $74 million versus the consensus estimate of $69.5 million.

GUIDANCE:

Grove Collaborative Holdings, Inc. sees FY2023 revenue of $260-270 million, versus the consensus of $322 million.

• Adjusted EBITDA margin(1) of (9)% to (11)%

For earnings history and earnings-related data on Grove Collaborative Holdings, Inc. (GROV) click here.

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