SG Blocks to Host Fourth Quarter and Full Year 2020 Financial Results Conference Call on Thursday, April 15, 2021 at 4:30 P.M. ET

Rhea-AI Summary

SG Blocks (Nasdaq: SGBX) will hold a conference call on April 15, 2021, at 4:30 p.m. ET to discuss financial results for Q4 and the full year ended December 31, 2020. Expected revenue for Q4 is approximately $6.2 million, while the total revenue for 2020 is around $8.2 million. The call will be hosted by CEO Paul Galvin, and interested participants can dial in using specified numbers or join via the company’s website for a live broadcast. The company emphasizes its innovative approach to sustainable construction using code-engineered shipping containers.

Positive

• Expected Q4 revenue of approximately $6.2 million.
• Full-year revenue for 2020 estimated at $8.2 million.

Negative

• Risks surrounding the ability to report revenue as expected.
• Concerns about compliance with NASDAQ listing requirements.

SG Blocks, Inc. (Nasdaq: SGBX) (“SG Blocks” or the “Company”), a leading designer, innovator and fabricator of container-based structures, will host a conference call on Thursday, April 15, 2021 at 4:30 p.m. Eastern Time to share its results for the fourth quarter and 12 months ended December 31, 2020. Financial results will be issued in a press release prior to the call.

SG Blocks CEO Paul Galvin will host the conference call. To access the call, please use the following information:

Date: Thursday, April 15, 2021

Time: 4:30 p.m. ET, 1:30 p.m. PT

Toll-free dial-in number: 1-877-407-9716

International dial-in number: 1-201-493-6779

Conference ID: 13718700

Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization.

A webcast of the conference call will be broadcast live and available for replay at the Investors section of the Company’s website at www.sgblocks.com.

A replay of the conference call will be available after 7:30 p.m. Eastern time through April 29, 2021.

Toll-free replay number: 1-844-512-2921

International replay number: 1-412-317-6671

Replay ID: 13718700

About SG Blocks:

SG Blocks, Inc. is a premier innovator in advancing and promoting the use of code-engineered cargo shipping containers for safe and sustainable construction. The firm offers a product that exceeds many standard building code requirements, and also supports developers, architects, builders and owners in achieving greener construction, faster execution, and stronger buildings of higher value. Each project starts with GreenSteel^TM, the structural core and shell of an SG Blocks building, and then is customized to client specifications. For more information, visit www.sgblocks.com.

Safe Harbor Statement:

Forward-Looking Statements Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and assumptions and include statements regarding revenue for the three months ended December 31, 2020 being approximately $6.2 million and revenue for the year ended December 31, 2020 being approximately $8.2 million. While SG Blocks believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company’s ability to report revenue as expected, the Company’s ability to deploy its COVID-19 solutions, the Company’s ability to position itself for future profitability, the Company’s ability to maintain compliance with the NASDAQ listing requirements, and the other factors discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210407005966/en/

FAQ

What is SG Blocks' expected revenue for Q4 2020?

SG Blocks anticipates revenue of approximately $6.2 million for Q4 2020.

What was SG Blocks' total revenue for 2020?

The company estimates its total revenue for the year ended December 31, 2020, to be approximately $8.2 million.

When will SG Blocks hold its conference call to discuss financial results?

SG Blocks will host the conference call on April 15, 2021, at 4:30 p.m. ET.

How can I access the SG Blocks conference call?

Participants can access the conference call by dialing the provided numbers or through the investor section of the SG Blocks website.

Who will host the SG Blocks conference call?

The conference call will be hosted by SG Blocks CEO Paul Galvin.