Urban-gro

Urban-Gro, Inc. is an agricultural technology systems integrator. The firm engages in manufacturing, distributing, and selling lighting, pest management, fertigation, and water and other products to the medical and recreational cannabis industry in states where operation of a cannabis production facility has been legalized. It also provides full design and expertise on climate and automated control of fertigation and irrigation systems, lighting systems, environmental, substrate and inventory monitoring, water treatment systems, and integrated pest management solutions. The company was founded by Bradley J. Nattrass and Octavio Gutierrez on March 20, 2014 and is headquartered in Lafayette, CO.

Earnings data Q4 2020

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urban-gro, Inc. is an agricultural technology systems integrator. The firm engages in manufacturing, distributing, and selling lighting, pest management, fertigation, and water and other products to the medical and recreational cannabis industry in states where operation of a cannabis production facility has been legalized. It also provides full design and expertise on climate and automated control of fertigation and irrigation systems, lighting systems, environmental, substrate and inventory monitoring, water treatment systems, and integrated pest management solutions. The company was founded by Bradley J. Nattrass and Octavio Gutierrez on March 20, 2014 and is headquartered in Lafayette, CO.

LAFAYETTE, Colo., Jan. 02, 2024 (GLOBE NEWSWIRE) -- urban-gro, Inc. (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services consulting firm, today announced that it has secured a design-build contract with an existing vertically integrated U.S.-based multi-state Cannabis cultivation and retail dispensary operator. The contract is for the design and construction of both a new cultivation facility and the interior retrofit of an existing facility. The contract is valued at approximately $20 million and it is anticipated that revenue will be recognized over the next six quarters.

urban-gro, Inc. Secures Design-Build Contract Valued at Approximately $20 Million

LAFAYETTE, Colo., Dec. 18, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services and consulting firm, today announced that UG Construction, Inc. (“the Borrower”), the Company's wholly-owned construction subsidiary, has finalized an interest-only revolving asset-based lending facility (“the ABL”) in the amount of $10 million dollars.

urban-gro, Inc. Finalizes $10 Million Interest-Only Revolving Asset-Based Lending Facility

LAFAYETTE, Colo., Nov. 30, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services and consulting firm, today announced that the Company was awarded a $9.6 million Design-Build contract. The Company anticipates that the bulk of this industrial contract for a CPG client's project in the Southwest United States will be completed over the next three quarters.

urban-gro, Inc. Awarded $9.6 Million Industrial Design-Build Contract with Existing CPG Client

urban-gro, Inc. (NASDAQ:UGRO ) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Dan Droller - IR Brad Nattrass - Chairman and CEO Dick Akright - CFO Conference Call Participants Eric Des Lauriers - Craig-Hallum Brian Wright - ROTH Capital Partners Thomas McGovern - Maxim Group Eric Beder - SCC Research Ellis Acklin - First Berlin Operator Hello, and welcome to the Urban-gro, 2023 Third Quarter Earnings Conference Call. As a brief reminder, all participants are currently in a listen-only-mode.

urban-gro, Inc. (UGRO) Q3 2023 Earnings Call Transcript

The headline numbers for urban-gro, Inc. (UGRO) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

urban-gro, Inc. (UGRO) Reports Q3 Earnings: What Key Metrics Have to Say

LAFAYETTE, Colo., Oct. 25, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services consulting firm, today announced that it will report its financial and operating results for the fiscal third quarter ended September 30, 2023, after market close on November 9, 2023.

urban-gro, Inc. to Report Third Quarter 2023 Earnings Results on November 9, 2023

LAFAYETTE, Colo., Oct. 04, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services consulting firm, today announced that the Company signed multiple contracts representing an aggregate value of more than $4.5 million. The contracts include additional projects for an existing national US-based client within the industrial sector, as well as an awarded project with a new higher education client in the Western United States. The Company anticipates that the collective revenue for these projects will be predominantly recognized over the next two quarters.

urban-gro, Inc. Secures Multiple Contracts Totaling More than $4.5 Million in the Industrial and Higher Education Sectors

LAFAYETTE, Colo., Oct. 02, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services consulting firm, today announced that the Company finished the quarter strong by securing contracts spread across four clients in the Controlled Environment Agriculture (“CEA”) cannabis sector representing an aggregate value of nearly $8 million. Collectively, the contracts include design-build, architecture and design, engineering, and equipment integration services for clients in the northeast, southeast, and western United States. The Company anticipates that the revenue for these projects will be recognized over the next four quarters.

urban-gro, Inc. Secures Multiple Contracts Totaling Nearly $8 Million in the Cannabis Sector

LAFAYETTE, Colo., Sept. 26, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services consulting firm, today announced that the Company was awarded a new contract with an existing client in the hospitality and recreation sector in the Southeast region of the United States. The contract scope includes architecture, design, engineering, and construction management services in the initial amount of more than $11 million and will be predominantly realized over the next six quarters.

urban-gro, Inc. Awarded Contract for More Than $11 Million of Design-Build Services with Existing Client in the Hospitality & Recreation Sector

LAFAYETTE, Colo., Sept. 25, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services consulting firm, today announced its participation in the following investor and industry conferences.

urban-gro, Inc. Announces Upcoming Fall 2023 Conference Participation

LAFAYETTE, Colo., Sept. 14, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. https://www.urban-gro.com/ (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services consulting firm, today announced that the Company signed more than $2 million of contracts spread across existing clients in target sectors including industrial, aerospace, laboratories, and hospitality. Collectively, the contracts include architecture and design, engineering, and construction management services for clients in the Midwest and Southern United States. The Company anticipates that the revenue for these projects will be predominantly recognized over the next two quarters.   Additionally, and not contemplated in the aforementioned contract value, urban-gro signed a master service agreement (MSA) to provide engineering services (Mechanical, Electrical, Plumbing, and Fire Protection) for two national hotel chains in the United States.

urban-gro, Inc. Signs Multiple Contracts with Clients in the Industrial, Aerospace, Laboratories, and Hospitality Sectors for an Aggregate Value of More than $2 Million

Urban-gro Inc. UGRO, -4.51% stock was up 12.6% in premarket trading on Wednesday after the controlled environment agriculture construction specialist said it won $3 million in contracts from four clients in the cannabis space. The contracts include architecture and design, engineering, and equipment integration services in the U.S. and Europe.

Controlled environment agriculture construction company Urban-gro's stock rallies as it wins cannabis contracts

LAFAYETTE, Colo., Sept. 13, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services consulting firm, today announced that the Company signed more than $3 million of contracts spread across four clients in the cannabis sector. Collectively, the contracts include architecture and design, engineering, and equipment integration services for clients in the Northeastern United States, Midwestern United States, and Western Europe. The Company anticipates that the revenue for these projects will be predominantly recognized over the next three quarters.

urban-gro, Inc. Signs Multiple Contracts with Clients in the Cannabis Sector for an Aggregate Value of More Than $3 Million

LAFAYETTE, Colo., Aug. 31, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services and design-build firm offering solutions to the Controlled Environment Agriculture (“CEA”) and commercial sectors, today announced that the Company has entered into an agreement related to its investment in a private placement convertible note with XS Financial Inc (“XSF”) (CSE: XSF) (OTCQB: XSHLF), a leading equipment finance company to the US cannabis industry. Both companies mutually agreed that XSF would retire the Company's convertible note for $2.3 million, a 10% discount to the Company's current book value of the investment. The $2.3 million cash payment received is in addition to the $0.3 million of interest earned and received since making the original $2.5 million investment in Q4 2021.

urban-gro, Inc. Announces Sale of Investment for Proceeds of $2.3 Million

LAFAYETTE, Colo., Aug. 15, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services and design-build firm offering solutions to the Controlled Environment Agriculture (“CEA”) and commercial sectors, today announced that the Company was awarded a $1.5 million contract to provide architecture, interior design, and engineering services to a healthcare sector client in the southeastern United States. The Company anticipates that the majority of the revenue from this project will be recognized over the next four quarters.

urban-gro, Inc. Awarded $1.5 Million Contract to Provide Architecture, Interior Design, and Engineering Services

urban-gro, Inc. (NASDAQ:UGRO ) Q2 2023 Earnings Conference Call August 14, 2023 4:30 PM ET Company Participants Dan Droller - EVP-Corporate Development & Investor Relations Brad Nattrass - Chairman & Chief Executive Officer Dick Akright - Chief Financial Officer Conference Call Participants Eric Beder - SCC Research Eric Des Lauriers - Craig-Hallum Brian Wright - ROTH MKM Thomas McGovern - Maxim Group Operator Hello, and welcome to the urban-gro 2023 Second Quarter Earnings Conference Call. As a brief reminder, all participants are currently in a listen-only mode.

urban-gro, Inc. (UGRO) Q2 2023 Earnings Call Transcript

LAFAYETTE, Colo., Aug. 07, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services and design-build firm offering solutions to the Controlled Environment Agriculture (“CEA”) and commercial sectors, today announced that it will report its financial and operating results for the fiscal second quarter ended June 30, 2023, after market close on August 14, 2023.

urban-gro, Inc. to Report Second Quarter 2023 Earnings Results on August 14, 2023

LAFAYETTE, Colo., May 30, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services and design-build firm offering solutions to the Controlled Environment Agriculture (“CEA”) and commercial sectors, today announced its participation in the following June conferences.

urban-gro, Inc. Announces Upcoming Conference Participation

urban-gro, Inc. (NASDAQ:UGRO ) Q1 2023 Earnings Conference Call May 10, 2023 4:30 PM ET Company Participants Dan Droller - Executive Vice President-Corporate Development & Investor Relations Brad Nattrass - Chairman & Chief Executive Officer Dick Akright - Chief Financial Officer Conference Call Participants Eric Des Lauriers - Craig-Hallum Eric Beder - SCC Research Brian Wright - ROTH MKM Operator Hello, and welcome to the urban-gro Inc. 2023 First quarter Earnings Conference Call. As a brief reminder, all participants are currently in a listen-only mode.

urban-gro, Inc. (UGRO) Q1 2023 Earnings Call Transcript

Urban-gro, Inc. (UGRO) came out with a quarterly loss of $0.48 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to loss of $0.07 per share a year ago.

Urban-gro, Inc. (UGRO) Reports Q1 Loss, Tops Revenue Estimates

Urban-gro, Inc. (UGRO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: urban-gro, Inc. (UGRO) Q1 Earnings Expected to Decline

Urban-gro Inc. UGRO stock is up 17% in premarket trades after the cannabis greenhouse design and build company said it's received a $2.4 million cash settlement with its former bank. It also signed more than $40 million in contracts in the first quarter to bring its backlog to a record $123 million.

Cannabis greenhouse builder Urban-gro rallies on cash settlement, backlog growth

Reiterates Guidance Recovered $2.4 million of Cash Following Settlement of Prior Litigation on March 27, 2023 Announces First Quarter Earnings Call on May 10 th at 4:30 p.m. Eastern time LAFAYETTE, Colo.

urban-gro, Inc. Signs More Than $40 million in Contracts, Driving First Quarter 2023 Backlog to a Record $123 million

urban-gro, Inc. (NASDAQ:UGRO ) Q4 2022 Earnings Conference Call March 30, 2023 4:30 PM ET Company Participants Dan Droller - EVP of Corporate Development and IR Brad Nattrass - Chairman and CEO Richard Akright - CFO Conference Call Participants Eric Des Lauriers - Craig-Hallum Capital Group Brian Wright - ROTH MKM Anthony Vendetti - Maxim Group Eric Beder - SCC Research Operator Hello, and welcome to the urban-gro 2022 Fourth Quarter Earnings Conference Call. As a brief reminder, all participants are currently in a listen-only mode.

urban-gro, Inc. (UGRO) Q4 2022 Earnings Call Transcript

urban-gro, Inc. (UGRO) delivered earnings and revenue surprises of -50% and 1.48%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

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