Safe & Green Holdings Reports Third Quarter 2023 Results; Manufacturing & Construction Services Revenue Increases 48% Over the Same Period Last Year
The decrease was largely attributable to no medical revenue for the 2023 third quarter, partially offset by an increase in manufacturing & construction services revenue.
- The decrease was largely attributable to no medical revenue for the 2023 third quarter, partially offset by an increase in manufacturing & construction services revenue.
- The manufacturing & construction services segment generated $4.0 million in revenue, a 48% increase, compared to the same period last year.
- Operating expenses for the third quarter of 2023 were $2.4 million, compared to $2.3 million for the third quarter of 2022.
- The table below reconciles EBITDA and Adjusted EBITDA, both non-GAAP measures, to GAAP net gain (loss) attributable to common stockholders of Safe & Green Holdings Corp.