Harrow Health (HROW) Misses Q1 EPS by 8c

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Harrow Announces First Quarter 2024 Financial Results

May 13, 2024 4:01 PM EDT

First Quarter 2024 and Recent Selected Highlights:

Revenues of $34.6 million, a 33% increase over the $26.1 million realized in the prior-year quarter. Received confirmation from the Centers for Medicare & Medicaid Services (CMS) on March 20 that IHEEZO is separately reimbursable for unilateral and bilateral in-office procedures, retroactive to January 1, 2024. Recently signed IHEEZO supply agreements with seven multi-practice strategic accounts. U.S. Patent and Trademark Office recently granted new IHEEZO patent claims with an expiry through 2039. Sequential month-over-month growth in VEVYE total prescriptions, new prescriptions, prescribers, and refills. Covered lives for VEVYE increased to 150+... More