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home / news releases / DRTT - DIRTT Environmental Solutions forecasts Q4 revenue above consensus estimate


DRTT - DIRTT Environmental Solutions forecasts Q4 revenue above consensus estimate

DIRTT Environmental Solutions (NASDAQ:DRTT) said it expects Q4 revenue of ~$42M, consistent with its prior guidance and above consensus estimate of $40.94M. 2021 revenue is expected to be ~$146.7M. Cash balance as of Dec. 31 was ~$60.3M, inclusive of net proceeds of ~$25.6M from an offering of C$35M aggregate principal amount of 6.25% convertible unsecured subordinated debentures due 2026. DRTT jumped 3% in aftermarket trade following the announcement.

For further details see:

DIRTT Environmental Solutions forecasts Q4 revenue above consensus estimate
Stock Information

Company Name: DIRTT Environmental Solutions Ltd.
Stock Symbol: DRTT
Market: NYSE

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