Earnings Call Summary | Dirtt Environmental Solutions(DRTTF.US) Q1 2024 Earnings Conference
Earnings Call Summary | Dirtt Environmental Solutions(DRTTF.US) Q1 2024 Earnings Conference
The following is a summary of the DIRTT Environmental Solutions Ltd. (DRTTF) Q1 2024 Earnings Call Transcript:
以下是DIRTT環境解決方案有限公司(DRTTF)2024年第一季度業績電話會議記錄的摘要:
Financial Performance:
財務業績:
DIRTT Environmental Solutions reported a Q1 2024 revenue of $40.8 million, marking an increase of 11% compared to Q1 2023.
Gross profit margin has risen from 23.7% in Q1 2023 to 35.9% in Q1 2024.
The company observed a significant improvement in its adjusted EBITDA, turning a $3.5 million loss in Q1 2023 into a gain of $2.7 million in the same period this year.
Net income after tax for Q1 2024 was $3 million, as opposed to an $11.4 million net loss in Q1 2023.
DIRTT Environmental Solutions報告稱,2024年第一季度收入爲4,080萬美元,與2023年第一季度相比增長了11%。
毛利率已從2023年第一季度的23.7%上升到2024年第一季度的35.9%。
該公司觀察到調整後的息稅折舊攤銷前利潤顯著改善,將2023年第一季度的350萬美元虧損轉化爲今年同期的270萬美元收益。
2024年第一季度的稅後淨收益爲300萬美元,而2023年第一季度的淨虧損爲1140萬美元。
Business Progress:
業務進展:
The firm achieved the fourth consecutive quarter of year-over-year revenue growth with continuous demand from a diverse set of corporate clients, healthcare providers, government organizations, and educational institutions.
The company expanded its partnerships to enhance geographic coverage, particularly focusing on the Western United States region.
It released a new software update, improving product offerings through new additions like a new casework catalog, new thin profile doors, and a new back-painted glass finish.
DIRTT continued its journey towards zero defects, zero misdeliveries, and zero recordable incidents, improving its external defects and recordable incident frequency.
The company established a Sustainability Council committed to ESG initiatives, aiming to elevate its sustainable and responsible manufacturing practices.
DIRTT secured $4 million to fund ongoing litigation against Falkbuilt, and is seeking $100 million in damages.
該公司連續第四個季度實現收入同比增長,這要歸因於來自不同企業客戶、醫療保健提供商、政府組織和教育機構的持續需求。
該公司擴大了合作伙伴關係,以擴大地理覆蓋範圍,特別關注美國西部地區。
它發佈了新的軟件更新,通過新增的產品來改善產品供應,例如新的框架目錄、新的薄型材門和新的背漆玻璃飾面。
DIRTT 繼續朝着零缺陷、零誤交付和零可記錄事件的方向邁進,從而改善了其外部缺陷和可記錄的事件頻率。
該公司成立了可持續發展委員會,致力於ESG舉措,旨在提升其可持續和負責任的製造實踐。
DIRTT獲得了400萬美元,用於資助正在進行的針對Falkbuilt的訴訟,並正在尋求1億美元的賠償。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。