DIRTT Environmental Solutions Ltd. provided earnings guidance for the fourth quarter and full year ended December 31, 2023. Fourth quarter 2023 revenue is expected to be approximately $50.9 million, an increase of $8.5 million or 20% from $42.4 million for the same period in 2022, and a $1.4 million or 3% increase from the third quarter of 2023. Net income after tax for the fourth quarter of 2023 is expected to be approximately $1.0 million compared to a $5.9 million net loss after tax for the same period of 2022.

Full year 2023 revenue is expected to be approximately $181.9 million, an increase of $9.8 million or 6% from $172.2 million in 2022. Net loss after tax for the year ended December 31, 2023 is expected to be approximately $14.6 million compared to $55.0 million net loss after tax for the year ended December 31, 2022.