urban-gro, Inc. (UGRO) Q3 2023 Earnings Call Transcript


urban-gro, Inc. (NASDAQ:UGRO) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET

Company Participants

Dan Droller – IR

Brad Nattrass – Chairman and CEO

Dick Akright – CFO

Conference Call Participants

Eric Des Lauriers – Craig-Hallum

Brian Wright – ROTH Capital Partners

Thomas McGovern – Maxim Group

Eric Beder – SCC Research

Ellis Acklin – First Berlin

Operator

Hello, and welcome to the Urban-gro, 2023 Third Quarter Earnings Conference Call. As a brief reminder, all participants are currently in a listen-only-mode. [Operator Instructions] Please note that this conference call is being recorded, and a replay will be made available on the company’s website following the end of the call.

At this time, I’d like to turn the conference over to Dan Droller, Investor Relations at Urban-gro. Sir, please go ahead.

Dan Droller

Good afternoon, and thank you for joining us. Today’s call will be led by Brad Nattrass, Chairman and Chief Executive Officer; and Richard Akright, Chief Financial Officer. I’d like to remind our listeners that remarks made during this call will include discussion of non-GAAP metrics, including adjusted EBITDA and backlog.

These items should not be utilized as a substitute for Urban-gro’s financial results prepared in accordance with GAAP. A Reconciliations of our GAAP net loss to adjusted EBITDA are available in our press release and in our Form 10-Q filed with the Securities and Exchange Commission and can be accessed from the Investor Relations section of our website at ir.urban-gro.com.

On this call, we may state management’s intentions, beliefs, expectations or future projections. These are forward-looking statements and involve risks and uncertainties. Forward-looking statements on this call are made pursuant to the safe harbor provisions of the federal securities laws and are based on Urban Growth’s current expectations. Actual results could differ materially. As a result, you should not place undue reliance on any



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