SG Blocks Reports Third Quarter 2018 Financial Results

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Go back to SG Blocks Reports Third Quarter 2018 Financial Results

Sg Blocks, Inc. (SGBX) Reports Q3 Loss of $0.24

November 14, 2018 4:03 PM EST

Sg Blocks, Inc. (NASDAQ: SGBX) reported Q3 EPS of ($0.24). Revenue for the quarter came in at $2.1 million versus the consensus estimate of $1.54 million.

The third quarter of 2018 was highlighted by marked improvement with our core gross margin profile, said Paul Galvin, Chairman and CEO of SG Blocks. We continue to convert our backlog to revenue while obtaining projects with both new... More