DIRTT Environmental Solutions Ltd. (DRTT) reported Q2 EPS of ($0.22), $0.01 worse than the analyst estimate of ($0.21). Revenue for the quarter came in at $44.7 million versus the consensus estimate of $43.2 million.
“The increased activity levels and growth, particularly in the commercial sector, that began late in the first quarter of 2022 are continuing,” stated Benjamin Urban, CEO. “As a result, second quarter revenues of $44.7 million were within the expected guidance range and represented an increase of 16.8% and 8.8% over the first quarter of 2022 and the second quarter of 2021, respectively.”