Sg Blocks, Inc. (SGBX) Announces Proposed Common Share Offering

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Sg Blocks, Inc. (SGBX) Prices 444K Share Common Offering at $4.25/Sh

April 1, 2020 8:22 AM EDT

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Sg Blocks, Inc. (SGBX) Reports Q4 Loss of $8.83, Revenues Miss

March 30, 2020 4:11 PM EDT

Sg Blocks, Inc. (NASDAQ: SGBX) reported Q4 EPS of ($8.83). Revenue for the quarter came in at $337 thousand versus the consensus estimate of $300 thousand.

Fourth Quarter 2019 Financial Highlights:

Revenue of $337,000, as compared to $2.3 million in Q4 2018.Gross profit of $48,000, as compared to $123,000 in Q4 2018.Net loss of $4.1 million, or $(8.83) per basic and diluted share, inclusive of a non-cash goodwill impairment loss of $2.9 million related to the companys goodwill carrying value, as... More