UGRO - Earnings announcements

Revenue of $15.5 million, representing a sequential increase of 4% over $15.0 millionGeneral and Administrative Expenses decreased $2.8 million to $4.3 million, as compared to $7.1 million in the prior year period, and decreased $1.2 million on a sequential basis as compared to the fourth quarter 2023Net Loss of $2.1 million, a sequential improvement of $2.6 million and an improvement of $3.0 million versus the prior year periodGAAP Net Loss per share of $0.18, and Adjusted Net Loss1 per share of $0.12Adjusted EBITDA1 of negative $0.3 million, representing a sequential improvement of $2.7 million and an improvement of $3.1 million versus the prior year periodReaffirms full year 2024 guidance

LAFAYETTE, CO / ACCESSWIRE / April 15, 2024 / urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"), an integrated professional services and Design-Build firm offering solutions to the Controlled Environment Agriculture ("CEA") and other commercial sectors, today announced that it will report its financial results for the first quarter of 2024 after market close on April 30, 2024.urban-gro's management team will host a conference call and audio webcast that afternoon at 4:30 ET consisting of prepared remarks followed by a question-and-answer session related to the Company's operational and financial highlights.Title: urban-gro, Inc. Reports First Quarter 2024 Financial ResultsEvent Da

Backlog of $110 million as of December 31, 2023, a sequential increase of $26 million2024 outlook calls for strengthening revenues and positive Adjusted EBITDACompany to host conference call and webcast today, March 27, 2024 at 4:30 PM ETLAFAYETTE, CO / ACCESSWIRE / March 27, 2024 / urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"), an integrated professional services and Design-Build firm offering solutions to the Controlled Environment Agriculture ("CEA") and other commercial sectors, today reported fourth quarter and full year 2023 financial results, and provided preliminary results for first quarter 2024 as well as full year 2024 guidance. Full Year 2023 Results vs Prior Yea

Backlog of $110 million as of December 31, 2023, a sequential increase of $26 million2024 outlook calls for strengthening revenues and positive Adjusted EBITDACompany to host conference call and webcast today, March 27, 2024 at 4:30 PM ETLAFAYETTE, CO / ACCESSWIRE / March 27, 2024 / urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"), an integrated professional services and Design-Build firm offering solutions to the Controlled Environment Agriculture ("CEA") and other commercial sectors, today reported fourth quarter and full year 2023 financial results, and provided preliminary results for first quarter 2024 as well as full year 2024 guidance. Full Year 2023 Results vs Prior

LAFAYETTE, CO / ACCESSWIRE / March 13, 2024 / urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"), an integrated professional services and consulting firm, today announced that it will report its financial results for the fourth quarter ended December 31, 2023, and full year 2023 after market close on March 27, 2024.urban-gro's management team will host a conference call and audio webcast that afternoon at 4:30 ET consisting of prepared remarks followed by a question-and-answer session related to the Company's operational and financial highlights.Title: urban-gro, Inc. Fourth Quarter and Full Year 2023 Results Conference CallEvent Date: Wednesday, March 27, 2024Time: 4:30 p.m. ETPar

Revenue of $20.9 million, representing a 69% increase over $12.4 million in the prior year period and a sequential increase of 11% over $18.8 million Net Loss of $3.4 million, representing an improvement of $5.3 million versus the prior year period and a sequential improvement of $2.1 millionGAAP Loss per share of $0.29, and Adjusted Loss per share of $0.20Adjusted EBITDA1 of negative $1.3 million, representing an improvement of $1.0 million versus the prior year period and a sequential improvement of $0.7 millionProject backlog of $84 million as of September 30, 2023, representing a sequential increase of $5 million, or 6%Provides fourth quarter 2023 guidance of approximately $30 million in

LAFAYETTE, Colo., Oct. 25, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"), an integrated professional services consulting firm, today announced that it will report its financial and operating results for the fiscal third quarter ended September 30, 2023, after market close on November 9, 2023. urban-gro's management team will host a conference call and audio webcast that afternoon at 4:30 p.m. ET consisting of prepared remarks followed by a question and answer session related to the Company's operational and financial highlights. Title: urban-gro, Inc. Third Quarter 2023 Results Conference Call Event Date: Thursday, November 9, 2023         Time: 4:

Revenue of $18.8 million, representing a sequential increase of 12% over $16.8 million, and a 16% increase over $16.3 million in the prior year periodNet Loss of $5.4 million and Adjusted EBITDA1 of negative $2.0 million, representing a sequential Adjusted EBITDA1 improvement of $1.4 millionCash of $8.6 million, representing a sequential increase of $1.2 million and $0 bank debtCompany to host conference call and webcast today, August 14, 2023 at 4:30 p.m. Eastern time LAFAYETTE, Colo., Aug. 14, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"), an integrated professional services and design-build firm offering solutions to the Controlled En

LAFAYETTE, Colo., Aug. 07, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"), an integrated professional services and design-build firm offering solutions to the Controlled Environment Agriculture ("CEA") and commercial sectors, today announced that it will report its financial and operating results for the fiscal second quarter ended June 30, 2023, after market close on August 14, 2023. urban-gro's management team will host a conference call and audio webcast that afternoon at 4:30 p.m. ET consisting of prepared remarks followed by a question and answer session related to the Company's operational and financial highlights. Title: urban-gro, Inc. Secon

First quarter performance consistent with prior guidance with Revenue of $16.8 millionNet Loss of $5.1 million and negative Adjusted EBITDA1 of $3.4 millionRecord project backlog of $105 million as of March 31, 2023, as compared to backlog at the end of 2022 of $93 million, a 13% sequential increase of $12 million from more than 25 contractsReiterates full year 2023 revenue guidance of $100 million to $120 million, and Adjusted EBITDA1 guidance of negative $3.0 million to slightly positiveCompany to host conference call and webcast today, May 10, 2023 at 4:30 p.m. Eastern time LAFAYETTE, Colo., May 10, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"),

Reiterates Guidance Recovered $2.4 million of Cash Following Settlement of Prior Litigation on March 27, 2023 Announces First Quarter Earnings Call on May 10th at 4:30 p.m. Eastern time LAFAYETTE, Colo., April 12, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"), an integrated professional services and design-build firm offering solutions to the Controlled Environment Agriculture ("CEA") and commercial sectors, today announced the signing of more than $40 million in contracts in the first quarter 2023, bringing the Company's total backlog to a record $123 million as of March 31, 2023. The Company also reiterated its guidance, and in the firs

Fourth Quarter Revenue of $17.3 million, as compared to revenue guidance of approximately $17.0 millionFourth Quarter Net Loss of $4.2 million and negative Adjusted EBITDA1 of $1.66 million, as compared to negative Adjusted EBITDA1 guidance of approximately $1.5 million2022 Full Year Revenue of $67.0 million, a 7.9% increase over $62.1 million in the prior year period2022 Full Year Net Loss of $15.3 million and negative Adjusted EBITDA1 of $3.9 millionRecord project backlog of $93 million as of December 31, 2022, as compared to previously estimated backlog of approximately $87.0 million, a sequential increase of $26 millionCompleted acquisition of Houston, Texas based engineering firm, Dawso

LAFAYETTE, Colo., March 16, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"), an integrated professional services and design-build firm offering solutions to the Controlled Environment Agriculture ("CEA") and commercial sectors, today announced that it will report its financial and operating results for the fiscal fourth quarter and full year ended December 31, 2022, after market close on March 30, 2023. urban-gro's management team will host a conference call and audio webcast that afternoon at 4:30 p.m. ET consisting of prepared remarks followed by a question and answer session related to the Company's operational and financial highlights. Title: urb

Third quarter revenue of $12.4 million, as compared to guidance in the range of $10 to $11 millionThird quarter net loss of $8.7 million, which includes one-time operating expenses of $4.2 million and a $1.7 million impairment for the entirety of a previous investmentThird quarter Adjusted EBITDA1 of $(2.3) million, as compared to guidance in the range of ($2.6) to ($2.4) millionRecord project backlog of $67 million as of September 30, 2022, a sequential increase of $45 millionStrong balance sheet with $18.6 million in cash and no debtProvides fourth quarter consolidated revenue guidance of approximately $17 million and Adjusted EBITDA1 guidance of approximately $(1.5) million.Company to hos

LAFAYETTE, Colo., Oct. 27, 2022 (GLOBE NEWSWIRE) -- urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"), an integrated professional services and design-build firm offering solutions to the Controlled Environment Agriculture ("CEA") and Commercial sectors, today announced that it will report its financial and operating results for the fiscal third quarter ended September 30, 2022, after market close on November 10, 2022. urban-gro's management team will host a conference call and audio webcast that afternoon at 4:30 p.m. ET consisting of prepared remarks followed by a question and answer session related to the Company's operational and financial highlights. Title: urban-gro, Inc.

Second quarter revenue of $16.3 million, representing growth of 27% compared to the prior year periodSecond quarter net loss of $(1.7) millionSecond quarter Adjusted EBITDA1 of $(0.5) million Strong balance sheet with $22.8 million in cash and no debtProject backlog of contractually committed equipment system, construction design-build and professional services contracts of $22.0 million as of June 30, 2022Company to host conference call and webcast today, August 15 at 4:30 PM ET LAFAYETTE, Colo., Aug. 15, 2022 (GLOBE NEWSWIRE) -- urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"), an integrated professional services and design-build firm offering solutions to the Controlled E

LAFAYETTE, Colo., July 25, 2022 (GLOBE NEWSWIRE) -- urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"), an integrated professional services and design-build firm offering solutions to the Controlled Environment Agriculture ("CEA") and Commercial sectors, today announced that it will report its financial and operating results for the fiscal second quarter ended June 30, 2022, after market close on August 15, 2022. urban-gro's management team will host a conference call and audio webcast that evening at 4:30 p.m. ET consisting of prepared remarks followed by a question and answer session related to the Company's operational and financial highlights. Title: urban-gro, Inc. Sec

Record first quarter revenue of $21.1 million, representing growth of 76% compared to the prior year periodFirst quarter net loss of $(0.7) millionFirst quarter Adjusted EBITDA1 of $0.4 million, our seventh consecutive positive quarter Project backlog of contractually committed equipment and service orders with deposits received of $22.0 million as of March 31, 2022Strong balance sheet with $27.1 million in cash and no debtCompleted buyback of $3.8 million in treasury stockCompany to host conference call and webcast today, May 10 at 5:30 PM ET LAFAYETTE, Colo., May 10, 2022 (GLOBE NEWSWIRE) -- urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"), a fully integrated architectural d

LAFAYETTE, Colo., April 26, 2022 (GLOBE NEWSWIRE) -- urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"), a fully integrated architectural, engineering, construction management, and cultivation systems integration company focused on the indoor Controlled Environment Agriculture ("CEA") market, today announced that it will report its financial and operating results for the fiscal first quarter ended March 31, 2022, after market close on May 10, 2022. urban-gro's management team will host a conference call and audio webcast that evening at 5:30 p.m. ET consisting of prepared remarks followed by a question and answer session related to the Company's operational and financial highlig

Record fourth quarter revenue of $19.0 million, representing growth of 106% compared to the prior year period; organic revenue growth was 77.6%, excluding contribution from the 2WR+ acquisition. Full year 2021 revenue was $62.1 million, representing growth of 140%. Fourth quarter net loss of ($0.6) million; full year 2021 net loss was ($0.9) millionFourth quarter Adjusted EBITDA1 of $0.5 million; full year 2021 Adjusted EBITDA of $2.7 million, representing an Adjusted EBITDA margin of 4.3% of revenueProject backlog of contractually committed equipment and service orders with deposits received was $30.2 million as of December 31, 2021Strong balance sheet with $34.6 million in cash and no debt

LAFAYETTE, Colo., March 03, 2022 (GLOBE NEWSWIRE) -- urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"), a fully integrated architectural, engineering and cultivation systems integration company focused on the indoor Controlled Environment Agriculture ("CEA") market, today announced that it will report its financial and operating results for the fiscal fourth quarter and full year ended December 31, 2021, after market close on March 29, 2022. Additionally, the Company will participate in the following March investor conferences. March Investor Conferences 34th Annual Roth Conference, Dana Point, CA, Mar. 13-15: Brad Nattrass, Chief Executive Officer, Dick Akright, Chief

502% Increase in YoY Revenue Contributes to Positive Adjusted EBITDALOS ANGELES, CA / ACCESSWIRE / November 29, 2021 / XS Financial Inc. ("XS Financial", "XSF" or the "Company") (CSE:XSF)(OTCQB:XSHLF), a specialty finance company providing equipment leasing solutions to cannabis companies in the United States, is pleased to report its financial results today for the quarter year ended September 30, 2021 ("Q3/21"). All amounts are expressed in U.S. dollars.Q3/21 Financial Highlights502% increase in revenue from $0.2 million in Q3/20 to $1.0 million in Q3/21;56% increase in closed leases from $22.1 million in Q2/21 to $34.6 million in Q3/21;69% increase in monthly recurring payments from $0.6

Record third quarter revenue of $18.3 million, representing growth of 119% compared to the prior year period; organic revenue growth was 106%, excluding contribution from the 2WR+ acquisitionQuarterly net income of $0.1 million compared to a net loss of ($0.7) million in the prior year periodRecord quarterly adjusted EBITDA1 of $1.0 million compared to $0.3 million in the prior year periodProject backlog of contractually committed equipment and service orders with deposits received was $22.5 million as of September 30, 2021Strong balance sheet with $40.5 million in cash and no debtRaises 2021 revenue guidance to greater than $60 million and revises adjusted EBITDA guidance to reflect strateg

Lafayette, Colo., Nov. 02, 2021 (GLOBE NEWSWIRE) -- urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"), a fully integrated architectural, engineering and cultivation systems integration company focused on the indoor Controlled Environment Agriculture ("CEA") market, today announced that the Company will participate in the following events: Rocky Mountain Microcap VIII Conference, Centennial, CO, Nov. 3: Dan Droller, EVP of Corporate Development and Investor Relations, will present urban-gro's advancements in the indoor CEA industry. A live audio webcast will be accessible in the News & Events section on the Company's Investor Relations website at ir.urban-gro.com.Roth 10th Ann

LAFAYETTE, Colo., Oct. 12, 2021 (GLOBE NEWSWIRE) -- urban-gro, Inc. (NASDAQ:UGRO) ("urban-gro" or the "Company"), a fully integrated architectural, engineering and cultivation systems integration company focused on the indoor Controlled Environment Agriculture ("CEA") market, today announced that it will report its financial and operating results for the third quarter ended September 30, 2021, after market close on November 09, 2021. urban-gro's management team will host a conference call and audio webcast that evening at 4:30 p.m. ET consisting of prepared remarks followed by a question and answer session related to the Company's operational and financial highlights. Title: urba

Record revenues in Q2 2021 of $12.8 million compared to revenues of $4.0 million in Q2 2020, an increase of $8.8 million, or 220% Record Net Income of $1.3 million, compared to a net loss of ($1.6) million in Q2 2020 Record Adjusted EBITDA of $0.6 million in Q2 2021 compared to $0.5 million in Q1 2021 and a negative ($0.3) million in Q2 2020 Achieved record project backlog of contractually committed equipment orders with deposits received of $27.9 million at the end of Q2 2021, an increase of $12.7 million, or 84% from the end of Q1 2021 Balance sheet remains strong with $50.4 million in cash and cash equivalents and $0 in debt 2021 revenue guidance of $54-$59 million and Adjuste

Lafayette, CO, Aug. 06, 2021 (GLOBE NEWSWIRE) -- urban-gro, Inc.(NASDAQ:UGRO) ("urban-gro" or the "Company"), a fully integrated architectural, engineering and cultivation systems integration company for commercial cannabis and food-focused Controlled Environment Agriculture ("CEA") facilities, today updated the 2Q21 conference call information. The call will now start (earlier than previously scheduled) at 4:15 (ET) on August 11, 2021. urban-gro's management team will host a conference call and audio webcast on August 11, 2021, at 4:15 p.m. ET. The call will consist of prepared remarks followed by a question-and-answer session related to the Company's operational and financial highligh