SG Blocks Reports Third Quarter 2019 Financial Results

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Go back to SG Blocks Reports Third Quarter 2019 Financial Results

Sg Blocks, Inc. (SGBX) Misses Q3 EPS by 14c

November 14, 2019 4:09 PM EST

Sg Blocks, Inc. (NASDAQ: SGBX) reported Q3 EPS of ($0.23), $0.14 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $185 thousand versus the consensus estimate of $4 million.

Management Commentary

We believe the Companys accomplishments in recent months have been pivotal in positioning SG Blocks for future profitability, lower capital requirements and the flexibility to focus more of the Companys resources and efforts on new business development and lead generation... More