SG Blocks Reports First Quarter 2020 Financial Results

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Go back to SG Blocks Reports First Quarter 2020 Financial Results

Sg Blocks, Inc. (SGBX) Misses Q1 EPS by 44c

May 14, 2020 4:14 PM EDT

Sg Blocks, Inc. (NASDAQ: SGBX) reported Q1 EPS of ($0.64), $0.44 worse than the analyst estimate of ($0.20).

First Quarter 2020 Financial Highlights:

Revenue of approximately $199,000, as compared to approximately $1.7 million in Q1 2019.Gross profit of approximately $46,000, as compared to approximately $544,000 in Q1 2019.Net loss of approximately $747,000, or $(0.64) per basic and diluted share, as compared to a net loss of approximately $491,000, or $(2.30) per basic and diluted share, in Q1 2019.Adjusted EBITDA loss of approximately... More