Company X Reports 15% Revenue Growth

By Ahmed Jameison • Sunday, September 28 10:22 • Permanent Link

The press release states that Company X has reported its financial results for the current period. The company's revenue has increased by 15% compared to the same period last year, reaching $100 million. Additionally, the company's net income has grown to $20 million, marking a 25% increase from the previous period.

Company X's operating expenses have also been detailed in the press release. Selling and administrative expenses have increased by 10% compared to the last period, reaching $15 million. Research and development expenses have also risen to $8 million, showing a 20% increase.

The company's earnings per share (EPS) have also improved, reaching $1.50, which marks a 25% increase from the same period last year.

In terms of the balance sheet, Company X's total assets have increased to $500 million, showing a 10% growth from the previous period. The company's total liabilities have also risen to $200 million, indicating a 15% increase.

As a result of these announcements, the company's shares have moved 2.06% on the market, and are now trading at a price of $47.10. For the full picture, make sure to review HARROW, INC.'s 8-K report.

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