Growlife, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 13, 2020 at 04:40 pm EST
GrowLife, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was USD 1.415 million compared to USD 2.298 million a year ago. Operating loss was USD 752,499 compared to USD 1.620 million a year ago. Net loss was USD 1.061 million compared to USD 1.999 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.08 a year ago. For the nine months, sales was USD 4.927 million compared to USD 6.743 million a year ago. Operating loss was USD 1.863 million compared to USD 4.356 million a year ago. Net loss was USD 2.965 million compared to USD 6.022 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to USD 0.25 a year ago.