Free Trial
NASDAQ:UGRO

urban-gro Q2 2024 Earnings Report

urban-gro logo
$0.33 +0.01 (+1.53%)
As of 01:45 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

urban-gro EPS Results

Actual EPS
-$0.27
Consensus EPS
-$0.12
Beat/Miss
Missed by -$0.15
One Year Ago EPS
N/A

urban-gro Revenue Results

Actual Revenue
$9.89 million
Expected Revenue
$17.49 million
Beat/Miss
Missed by -$7.60 million
YoY Revenue Growth
N/A

urban-gro Announcement Details

Quarter
Q2 2024
Time
Before Market Opens
Conference Call Date
Tuesday, February 18, 2025
Conference Call Time
6:00AM ET

Upcoming Earnings

urban-gro's Q1 2025 earnings is scheduled for Friday, August 1, 2025

Earnings Documents

urban-gro Earnings Headlines

This Cold War “Accident” Could Unleash New $100 Trillion AI Boom
Obscure Metal More Valuable than Gold and Bitcoin… COMBINED? This strange "AI Metal" holds the key to the $100 trillion AI boom. Which is why Jeff Brown recently traveled to a location that has one of the highest concentrations of this metal in the world. And you won't believe what he uncovered.
urban-gro Faces Nasdaq Non-Compliance Notice
See More urban-gro Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like urban-gro? Sign up for Earnings360's daily newsletter to receive timely earnings updates on urban-gro and other key companies, straight to your email.

About urban-gro

urban-gro (NASDAQ:UGRO) (NASDAQ:UGRO) is a leading provider of specialized cultivation solutions for the controlled environment agriculture industry, with a primary focus on the regulated cannabis sector as well as high-value produce and botanical crops. Headquartered in Denver, Colorado, the company serves clients across North America, Europe, Latin America and select international markets. urban-gro’s integrated approach encompasses facility design and engineering, equipment procurement, project management and ongoing operational support, allowing growers to optimize their yields and control operational expenses.

The firm’s core services include turn-key design-build solutions that integrate lighting, HVAC, fertigation, environmental controls and monitoring systems. urban-gro partners with equipment manufacturers to source LED and high-intensity discharge lighting, advanced irrigation and nutrient delivery platforms, and climate control hardware tailored to indoor and greenhouse applications. Beyond infrastructure, the company offers proprietary software and remote monitoring tools that enable real-time data collection, analytics and automated adjustments, helping clients streamline cultivation processes and adhere to regulatory compliance requirements.

Recognizing the capital-intensive nature of facility development, urban-gro has developed an equipment financing and leasing division, urban-gro Capital, which provides tailored financing solutions for cultivation technology investments. This financial services arm helps clients manage upfront costs and align repayment schedules with projected cash flows from crop harvests. By combining technical expertise with flexible financing, urban-gro supports both emerging and established growers in scaling their operations.

Founded in 2015 by cultivation and engineering professionals, urban-gro completed its initial public offering via a merger with a special purpose acquisition company in 2020. Under the leadership of CEO Rick L. Swartz and a senior management team with decades of experience in horticulture, construction and finance, the company has pursued strategic acquisitions and partnerships to expand its technical capabilities and geographic footprint. urban-gro continues to innovate in controlled environment agriculture, positioning itself as a full-service partner for clients seeking to maximize crop quality, consistency and return on investment.

View urban-gro Profile

More Earnings Resources from MarketBeat