Safe & Green Holdings Q3 net loss $3.6M; manufacturing revenue up 48% YoY

OLENOX INDUSTRIES INC.

2023-Q3 EPS reported -$0.86 vs consensus -$4700.16 ▲ beat (+100.0%)

Revenue $4.0M, flat vs $4.1M; manufacturing & construction services revenue $4.0M, +48% YoY.
Net loss attributable to common shareholders $3.6M ($0.23/share) vs $2.5M ($0.18/share) in Q3 2022.
Adjusted EBITDA loss of $1.4M, slightly improved from $1.5M loss in prior year.
Entered LOI to sell Lago Vista site for $11.5M; acquired for $3.5M in 2021; proceeds to fund JV.
Completed spin-off of SG Development Corp (SGD); SG Echo awarded multi-million-dollar contract and Louisiana licensure.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

OLENOX INDUSTRIES INC. reported three months ended September 30, 2023 results: revenue $4.0 million.

Period: three months ended September 30, 2023
Revenue: $4.0 million
Result: reported results

Exact text from the filing

Revenue for the third quarter of 2023 was $4.0 million, compared to $4.1 million for the third quarter of 2022.

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59 earnings releases filed in the last 30 days. Browse all earnings releases →

OLENOX INDUSTRIES INC. filing history →

Source: SEC EDGAR

accession 0001213900-23-086936

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