AeroGrow International (AERO) Issues Quarterly Earnings Results
AeroGrow International (OTCMKTS:AERO) released its quarterly earnings results on Tuesday. The company reported $0.01 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The business had revenue of $17.35 million during the quarter. AeroGrow International had a negative return on equity of 9.80% and a negative net margin of 4.21%.
Shares of AeroGrow International (AERO) opened at $2.52 on Wednesday. AeroGrow International has a 1 year low of $2.10 and a 1 year high of $3.62.
In other news, Director Jack Jonas Walker sold 20,400 shares of the company’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $2.44, for a total transaction of $49,776.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 12.82% of the company’s stock.
About AeroGrow International
AeroGrow International, Inc is a developer, marketer, direct-seller and wholesaler of indoor garden systems designed for consumer use in the gardening, cooking, healthy eating, and home and office decor markets. The Company offers multiple lines of indoor gardens, grow lights, nutrient formula, over 40 seed pod kits, and various cooking, gardening and decor accessories, in the United States and Canada, as well as selected countries in Europe, Asia and Australia.
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