---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-062239"
form_type: "8-K"
ticker: "DRTTF"
cik: "0001340476"
company_name: "DIRTT ENVIRONMENTAL SOLUTIONS LTD"
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T06:16:50.593891+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# DIRTT Q3 revenue $49.5M, +6% YoY; Adjusted EBITDA $5.3M from -$5.4M

## Summary
- Revenue $49.5M, up 11% QoQ and 6% YoY; net loss $6.3M vs $6.7M prior year.
- Gross margin improved 1,950 bps YoY; Adjusted EBITDA $5.3M (10.6% of revenue), up $10.7M.
- Liquidity $30.3M at Sep 30, 2023, vs $16.1M at Dec 31, 2022.
- Permanently closed Rock Hill facility; recorded $8.0M impairment charge, expects to settle $8.2M in equipment leases.

## SEC filing metadata
- accession: 0000950170-23-062239
- form_type: 8-K
- ticker: DRTTF
- cik: 0001340476
- company_name: DIRTT ENVIRONMENTAL SOLUTIONS LTD
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1340476/000095017023062239/0000950170-23-062239-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1340476/000095017023062239/drttf-20231109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-062239
- JSON: https://secwatch.observer/filing/0000950170-23-062239.json
- Plain text: https://secwatch.observer/filing/0000950170-23-062239.txt

## Key facts
- Earnings Releases
  DIRTT ENVIRONMENTAL SOLUTIONS LTD reported the three and nine months ended September 30, 2023 results: revenue $49.5 million, net income net loss of $6.3 million.
  - Period: the three and nine months ended September 30, 2023
  - Revenue: $49.5 million
  - Net income: net loss of $6.3 million
  - Result: reported results
  source text: in this news release is presented in U.S. dollars, unless otherwise stated. Third Quarter 2023 Highlights • In our seasonally strongest quarter, we generated revenue of $49.5 million, up 11% from the second quarter and 6% compared to prior year period , and net loss of $6.3 million, compared to net loss of $6.7 million in the prior year period. • Gross Profit
  evidence_url: https://www.sec.gov/Archives/edgar/data/1340476/000095017023062239/0000950170-23-062239-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.