Hydrofarm Holdings Group Inc   (HYFM)
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Price: $0.9201 $0.02 1.905%
Day's High: $0.938 Week Perf: 4.54 %
Day's Low: $ 0.88 30 Day Perf: -7.06 %
Volume (M): 259 52 Wk High: $ 2.01
Volume (M$): $ 238 52 Wk Avg: $1.11
Open: $0.88 52 Wk Low: $0.67

 Market Capitalization (Millions $) 42
 Shares Outstanding (Millions) 46
 Employees 321
 Revenues (TTM) (Millions $) 226
 Net Income (TTM) (Millions $) -65
 Cash Flow (TTM) (Millions $) 9
 Capital Exp. (TTM) (Millions $) 4

Hydrofarm Holdings Group Inc
Hydrofarm Holdings Group Inc is a leading provider of hydroponic equipment and supplies for the indoor and outdoor farming, greenhouse, and commercial grower markets in the United States and Canada.
Its products include grow lights, hydroponic systems, climate control solutions, propagation materials, and nutrients for plants.
The company's primary focus is on innovation, quality, and exceptional customer service.
This has made Hydrofarm a top choice among home and commercial growers for over 40 years.
The company has a reputation for developing cutting-edge products with the latest technology, which has enabled it to stay competitive in the hydroponics industry.
Hydrofarm has a diverse product portfolio that caters to various markets from entry-level to professional growers.
Its products are distributed through various channels, including distributors, retailers, and e-commerce platforms.
Hydrofarm has a massive distribution network consisting of over 1,500 retailers and 50 distributors in the United States and Canada.
In addition to its product offering, Hydrofarm has also provided educational resources for growers.
The company has a dedicated customer service team that provides support and guidance for novice and seasoned growers.
Hydrofarm has established itself as a leader in the hydroponics industry, with a commitment to innovation and providing its customers with high-quality products and services.

   Company Address: 1510 Main Street Shoemakersville 19555 PA
   Company Phone Number: 765-9990   Stock Exchange / Ticker: NASDAQ HYFM
   HYFM is expected to report next financial results on March 08, 2024.


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Hydrofarm Holdings Group Inc

Hydrofarm Holdings Group Inc. Defies Market Trend with Remarkable Improvement in Q4 2023 Financial Results

In recent years, the stock market has been characterized by its ups and downs, leaving investors uncertain about their financial future. However, amidst the volatility, there are always success stories that inspire confidence and hope. One such success story is Hydrofarm Holdings Group Inc., a leader in sustainable indoor gardening solutions.
For the fiscal span from October to December 31, 2023, Hydrofarm reported a significant decrease in loss per share, improving from $-0.78 to $-0.33 compared to the previous year. Additionally, income per share improved from $-0.44 per share in the previous quarter. These figures indicate a promising trend for the company, suggesting that their strategies are yielding positive results.

Product Service News

Hydrofarm: Cultivating a Sustainable Future with Innovative Indoor Gardening Solutions

Published Thu, Feb 1 2024 9:06 PM UTC

Innovative Products for Eco-Friendly Living Featured, Airing February 5thHydrofarm, a leader in sustainable indoor gardening solutions, has recently come into the spotlight for its cutting-edge products that promote eco-friendly living. In a groundbreaking segment on nThe Balancing Actn, set to air on February 5th, the company aims to showcase its innovative solutions and ma...

Hydrofarm Holdings Group Inc

Hydrofarm Holdings Group Inc Emerges Strong Amidst $0.44 Share Loss in Q3, 2023

Hydrofarm Holdings Group Inc, a leading supplier of hydroponic equipment and supplies, recently released its financial results for the period ranging from July to September 2023. The company reported a decline in revenue and an increase in losses, primarily due to a significant drop in demand. These results have raised concerns about the company's future profitability and potential implications for its operations.
Declining Demand Reflects in Financial Results:
During the specified reporting period, Hydrofarm Holdings Group Inc experienced declining demand, leading to a decrease in revenue by a substantial 28.111% to $53.31 million compared to $74.16 million the previous year. This decline in revenue will undoubtedly impact the company's financial stability and growth prospects.

Hydrofarm Holdings Group Inc

Hydrofarm Holdings Group Inc Faces Financial Setback with Plunging Revenue and Persistent Losses

Hydrofarm Holdings Group Inc (Hydrofarm) has reported disappointing financial results for the April to June 30, 2023 fiscal period, indicating a bearish outlook for the company. The company's loss per share decreased to $-0.28, a significant improvement from $-4.53 per share reported a year ago. However, this improvement in loss per share is not enough to overshadow the company's persistent losses.
Moreover, the revenue for the period saw a decline of -35.93% to $62.47 million compared to $97.51 million in the same reporting season a year ago. While the revenue did grow marginally by 0.474% sequentially from $62.18 million, it is insufficient to compensate for the significant decline from the previous year. This downward trend in revenue indicates potential challenges that Hydrofarm is facing in maintaining or attracting new customers.

Hydrofarm Holdings Group Inc

Hydrofarm Holdings Group Inc's Latest Report: Surprising Profit Turnaround and Promising Earnings, Yet Significant Revenue Dip

Hydrofarm Holdings Group Inc, a California-based supplier and manufacturer of hydroponic equipment, has released its most recent fiscal report, which showed a decrease in losses per share and an improvement in earnings per share. In the current period, Hydrofarm Holdings reported a loss of $-0.37 per share, compared to the $-0.52 loss per share the previous year. The earnings per share also improved from $-0.78 per share in the previous quarter.
Despite the improvement in earnings per share, Hydrofarm?s revenue decreased by 44.173% compared to the similar quarter in the previous year, down to $62.18 million from $111.38 million. However, there was a sequential improvement of 1.167% from the company?s revenue of $61.46 million in the preceding quarter.


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