GREENWOOD VILLAGE, Colo. (AP) — GREENWOOD VILLAGE, Colo. (AP) — GrowGeneration Corp. (GRWG) on Wednesday reported a loss of $27.3 million in its fourth quarter.

On a per-share basis, the Greenwood Village, Colorado-based company said it had a loss of 44 cents. Losses, adjusted for asset impairment costs, were 18 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.

The company posted revenue of $49.5 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $46 million.

For the year, the company reported a loss of $46.5 million, or 76 cents per share. Revenue was reported as $225.9 million.

For the current quarter ending in March, GrowGeneration said it expects revenue in the range of $45 million to $48 million.

The company expects full-year revenue in the range of $205 million to $215 million.

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