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Earnings Call Summary | Dirtt Environmental Solutions(DRTTF.US) Q1 2024 Earnings Conference

Earnings Call Summary | Dirtt Environmental Solutions(DRTTF.US) Q1 2024 Earnings Conference

業績電話會議摘要 | Dirtt Environmental Solutions (DRTTF.US) 2024 年第一季度業績會議
富途資訊 ·  05/11 20:09  · 電話會議

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。


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