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PHOTD - PHOTD STOCK NEWS

Welcome to our dedicated page for PHOTD news (Ticker: PHOTD), a resource for investors and traders seeking the latest updates and insights on PHOTD stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PHOTD's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PHOTD's position in the market.

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Rhea-AI Summary

GrowLife, Inc. (OTC: PHOT) reported annual financial results for 2020, generating $7.0 million in revenue. The company achieved a notable increase in gross margins, rising to 42% from 31% in 2019. It successfully reduced General & Administrative Expenses by $2.7 million, a 35% decrease from the previous year, reflecting effective cost management amidst the challenges posed by the COVID-19 pandemic. GrowLife's cash position improved significantly, increasing eight-fold compared to 2019, demonstrating robust financial health.

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FAQ

What is the market cap of PHOTD (PHOTD)?

The market cap of PHOTD (PHOTD) is approximately 114.3K.
PHOTD

Nasdaq:PHOTD

PHOTD Rankings

PHOTD Stock Data

114.28k
1.78M
7.41%
Industrial Distribution
Industrials
Link
United States
Kirkland