OTCQX:HRVSF - Post by User
Comment by
Higherhopes2020on Nov 11, 2020 9:08am
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Post# 31876425
RE:Harvest Health Posts Q3 2020 Revenues Of $61.6 Million, Loss
RE:Harvest Health Posts Q3 2020 Revenues Of $61.6 Million, Loss - Important take away from the earning report.
- Net loss was $2.1 million for the third quarter, compared to a net loss of $39.1 million in the third quarter of 2019 and $18.3 million for the second quarter 2020.
- 2020 revenue target increased to greater than $225 million , up from $215 -220 million
Harvest Health & Recreation announced their third quarter 2020 financial results this evening, reporting revenue net of discounts of $61.6 million for the period ended September 30, 2020, along with a loss of $2.1 million. Revenues were up roughly 11% on a quarter over quarter basis, from $55.7 million in the second quarter.
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