SG Blocks Reports First Quarter 2021 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/28/2026
- S&P 500 ends lower; chips tumble and Moderna rallies
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
Sg Blocks, Inc. (SGBX) Misses Q1 EPS by 28c, Revenues Beat
May 17, 2021 4:22 PM EDTSg Blocks, Inc. (NASDAQ: SGBX) reported Q1 EPS of ($0.23), $0.28 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $8.9 million versus the consensus estimate of $8 million.
First Quarter 2021 Financial Highlights:
Revenue for the first quarter 2021 is expected to be between $8.9 million and $9.2 million, compared to approximately $199,000 for the first quarter of 2020. The record revenue was achieved despite having several commercial projects that were previously announced being delayed directly and indirectly by the COVID-19 pandemic.Gross profit for the first quarter 2021 is expected to be between $0.9 million and... More