Urban-gro, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024
March 28, 2024 at 01:35 am IST
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urban-gro, Inc. provided earnings guidance for the first quarter and full year of 2024. For the first quarter 2024, the Company expects at or better than $15.0 million, as compared to $16.8 million.
For the 2024 full year, the Company anticipates consolidated Revenue of more than $84.0 million, representing growth of at least 17.4%.
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.