Urban-gro, Inc. Revises Earnings Guidance for the Full Year 2021
January 05, 2022 at 09:05 am EST
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urban-gro, Inc. revised earnings guidance for the full year 2021. The company expects its preliminary full fiscal year 2021 revenue to be approximately $62 million, which exceeds guidance of greater than $60 million provided on November 9, 2021.
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.