Sg Blocks, Inc. (SGBX) Preannounces Record Revenue for Fourth Quarter and Full Year 2020

March 16, 2021 4:34 PM EDT

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SG Blocks, Inc. (Nasdaq: SGBX) (“SG Blocks” or the “Company”), a leading designer, innovator and fabricator of container-based structures, announced today it has rescheduled the release of its financial results for the fourth fiscal quarter, which ended December 31, 2020, to after market close on March 25, 2021. An outbreak of positive COVID cases within the Company’s finance and accounting department impacted the timing of the completion of financial review and audit.

The Company expects revenue for the three months ended December 31, 2020 to be no less than $5 million as compared to revenue of approximately $337,000 for the three months ended December 31, 2019 and revenue for the year ended December 31, 2020 to be no less than $6.5 million as compared to revenue of approximately $3.0 million for the year ended December 31, 2019.

SG Blocks intends to file its Annual Report on Form 10-K for its fiscal year 2020 on the same date as the rescheduled earnings call.

SG Blocks CEO Paul Galvin will host the conference call, followed by a question-and-answer period.

To access the call, please use the following information:

Date: Thursday, March 25, 2021
Time: 4:30 p.m. ET, 1:30 p.m. PT
Toll-free dial-in number: 1-877-407-9716
International dial-in number: 1-201-493-6779
Conference ID: 13715992

Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization.

The conference call will be broadcast live and available for replay at http://public.viavid.com/index.php?id=143371 and via the investor relations section of the Company’s website at www.sgblocks.com.

A replay of the conference call will be available after 7:30 p.m. Eastern time through March 31, 2021.

Toll-free replay number: 1-844-512-2921
International replay number: 1-412-317-6671
Replay ID: 13715992



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