SG Blocks Reports Second Quarter 2020 Financial Results
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Sg Blocks, Inc. (SGBX) Misses Q2 EPS by 8c
August 13, 2020 4:21 PM EDTSg Blocks, Inc. (NASDAQ: SGBX) reported Q2 EPS of ($0.16), $0.08 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $628 thousand versus the consensus estimate of $1.5 million.
Second Quarter 2020 Financial Highlights:
Revenue of approximately $629,000, as compared to approximately $728,000 in Q2 2019.Gross profit of approximately $374,000, as compared to approximately $267,000 in Q2 2019.Net loss of approximately $838,000, or $(0.16) per basic and diluted share, as compared to a net loss of approximately $972,000, or $(4.02) per basic and diluted share, in Q2 2019.Adjusted EBITDA loss of approximately $533,000, as compared to a loss of... More