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urban-gro Inc reports results for the quarter ended in June - Earnings Summary

* urban-gro Inc  UGRO.OQ  reported a quarterly adjusted loss
of 32
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for a loss
of 28 cents per share.
    * Revenue rose 15.7% to $18.84 million from a year ago;
analysts
expected $19.03 million. 
    * urban-gro Inc's reported EPS for the quarter was a loss
of 50
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * urban-gro Inc shares had held steady so far this
quarter and
lost 56.6% so far this year.
    * The company reported a quarterly loss of $5.44 million.
    * Wall Street's median 12-month price target for urban-gro
Inc is
$8.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 14 at 09:52 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.28          -0.32          Missed
 Mar. 31 2023      -0.33          -0.44          Missed
 Dec. 31 2022      -0.22          -0.39          Missed
 Sep. 30 2022      -0.38          -0.81          Missed

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