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home / news releases / DRTT - DIRTT Environmental Solutions jumps 18% after prelim revenue guidance update

DRTT - DIRTT Environmental Solutions jumps 18% after prelim revenue guidance update

DIRTT Environmental Solutions Ltd.
DIRTT Environmental Solutions (NASDAQ:DRTT) released preliminary results on Thursday under which Q1 revenue is expected to be $38M (+28.8% Y/Y) in line with the guidance. That compares with consensus revenue estimate of $39.78M. Guidance Update: The construction company said it expects its Q2 revenue to range between $43-$47M vs. consensus of $41.92M. Also, FY22 guidance is raised to $175-$185M from prior range of $170-$180M. The revised estimate comes in line with consensus of $175.33M. Stock is up 18% in premarket trading. Earlier (Feb. 23): DIRTT Environmental Solutions Q4 GAAP EPS of -$0.19 misses by $0.08, revenue of $42.9M beats by $1.55M

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DIRTT Environmental Solutions jumps 18% after prelim revenue, guidance update
Stock Information
Company Name: DIRTT Environmental Solutions Ltd.
Stock Symbol: DRTT
Market: NYSE
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