GrowGeneration Reports Record Third Quarter 2020 Financial Results
This represents the Company's eleventh consecutive quarter of record revenues.
- This represents the Company's eleventh consecutive quarter of record revenues.
- Third quarter 2020 adjusted EBITDA of $6.6 million compares to $2.0 million in the same period last year.
- The Company also reported record third quarter 2020 GAAP pre-tax net income of approximately $5.1 million, compared to pre-tax net income of $1.0 million, in the same period last year.
- As the Company continues to outpace guidance, it is increasing 2020 revenue guidance to $185 million-$190 million, and adjusted EBITDA to $19.0 million-$20.0 million.