UGRO - urban-gro Non-GAAP EPS of -$0.20 misses by $0.04 revenue of $20.9M misses by $1.05M
2023-11-09 16:29:45 ET
- urban-gro press release ( NASDAQ: UGRO ): Q3 Non-GAAP EPS of -$0.20 misses by $0.04 .
- Revenue of $20.9M (+68.5% Y/Y) misses by $1.05M .
- Project backlog of $84 million as of September 30, 2023
- Q4 outlook:
- Consolidated revenue: Approximately $30 million, representing a 43% sequential improvement, and a 73% increase versus the prior year period
- Adjusted EBITDA: Achievement of breakeven to slightly positive adjusted EBITDA, representing a sequential improvement from negative $1.3 million, and an improvement from the prior year period of negative $1.7 million.
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urban-gro Non-GAAP EPS of -$0.20 misses by $0.04, revenue of $20.9M misses by $1.05M