Urban-Gro, Inc. Provides Revenue Guidance for the Third Quarter and Full Year of 2022
August 16, 2022 at 01:35 am IST
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urban-gro, Inc. provided revenue guidance for the third quarter of 2022. For the third quarter of 2022, the company expects revenue in the range of approximately $10 million and $11 million.
For the year, the company believes it is prudent to withdraw its previously announced full year 2022 revenue guidance, and diligently keep investors informed of significant backlog additions in the months and quarters ahead.
urban-gro, Inc. is an integrated professional services and design-build firm. The Company offers value-added architectural, engineering, and construction management solutions to the Controlled Environment Agriculture (CEA), industrial, healthcare, and other commercial sectors. It creates indoor cultivation facilities to grow specialty crops, including cannabis as well as produce such as leafy greens, vegetables, herbs and berries. It provides its clients with design-build service offerings that include architectural, interior, and engineering design, construction and construction management, as well as services for the operational stages of the facility. The Company's pre-construction services include providing a forecast summary of what it takes to get a high-performance facility built, giving initial indication and detailed analysis of budget, timeline/schedule, and potential large decision impacts, including value analysis and value engineering options.