Nature's Miracle Received A $2.4M Purchase Order Of Efinity LED Grow Lights From A Top Indoor Grower Based In California
Portfolio Pulse from Benzinga Newsdesk
Nature's Miracle Holdings Inc. (NASDAQ:NMHI) has received a $2.4 million purchase order for its Efinity LED grow lights from a top indoor grower in California. The order will be paid starting October 1, 2024, with delivery in late November 2024, boosting the company's Q4 2024 revenue by $2.4 million.
July 24, 2024 | 12:34 pm
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Nature's Miracle Holdings Inc. has secured a $2.4 million purchase order for its Efinity LED grow lights from a major indoor grower in California. This order will significantly boost the company's Q4 2024 revenue.
The $2.4 million purchase order will directly increase NMHI's Q4 2024 revenue, indicating strong demand for its products and potentially leading to a positive short-term impact on its stock price.
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