Urban-gro: Q3 Earnings Insights

Urban-gro (NASDAQ:UGRO) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM. Here’s what investors…

Urban-gro (NASDAQ:UGRO) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Urban-gro beat estimated earnings by 23.08%, reporting an EPS of $-0.2 versus an estimate of $-0.26.

Revenue was up $8.57 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.22 which was followed by a 8.08% drop in the share price the next day.

Here’s a look at Urban-gro’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.28 -0.33 -0.22 -0.38
EPS Actual -0.50 -0.48 -0.25 -0.26
Revenue Estimate 19.02M 15.69M 17.07M 10.40M
Revenue Actual 18.84M 16.77M 17.33M 12.37M

To track all earnings releases for Urban-gro visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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