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DIRTT Environmental Solutions Ltd - DRTT STOCK NEWS

Welcome to our dedicated news page for DIRTT Environmental Solutions (Ticker: DRTT), a resource for investors and traders seeking the latest updates and insights on DIRTT Environmental Solutions.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect DIRTT Environmental Solutions's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of DIRTT Environmental Solutions's position in the market.

Rhea-AI Summary
DIRTT Environmental Solutions Ltd. will voluntarily delist from Nasdaq and retain trading on TSX, resulting in estimated annual cost savings of $400,000. Business operations remain unaffected, and compliance with SEC regulations will continue. CEO cites insufficient value in maintaining dual listing. Order pace and future growth opportunities remain confident.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.25%
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Rhea-AI Summary
DIRTT and its Construction Partners, Construkt and ID+A, have secured over $6M USD in construction projects with major education clients including Armstrong School District, Western Kentucky University, and Berea College. These projects were awarded due to the partners' ability to deliver dynamic and modern learning environments using DIRTT's innovative interior solutions and streamlined construction methodology.
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End-of-Day
-8.14%
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Rhea-AI Summary
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-6.52%
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Rhea-AI Summary
DIRTT Environmental Solutions Ltd. reported Q2 2023 revenue of $44.8 million, up 22% from Q1 and flat YoY. Gross Profit margin improved by 1,849 bps. Achieved Adjusted EBITDA of $1.9 million, up $11.3 million from prior year. Liquidity of $28.1 million at June 30, 2023. Fareeha Khan appointed CFO effective August 25, 2023.
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Rhea-AI Sentiment
End-of-Day
21.65%
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Rhea-AI Summary
Rhea-AI Impact
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-6.12%
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5.12%
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5.81%
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Rhea-AI Summary
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Rhea-AI Summary
DIRTT Environmental Solutions has issued 3,899,745 common shares to 22NW Fund as reimbursement for legal expenses. Shareholder approval was received at the 2023 annual and special meeting of shareholders.
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Rhea-AI Summary
DIRTT Environmental Solutions Ltd. announces the results of its annual and special meeting of shareholders. Mark Greffen, DIRTT’s Chief Technology Officer, is departing from the company effective June 8, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.98%
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management
DIRTT Environmental Solutions Ltd

Nasdaq:DRTT

DRTT Rankings

DRTT Stock Data

35.06M
53.46M
18.74%
47.05%
0.69%
Architectural Services
Professional, Scientific, and Technical Services
Link
Canada
Calgary

About DRTT

dirtt creates award-winning custom prefab interiors for industries including corporate, government, education and healthcare. our innovative approach results in faster, cleaner construction with the highest levels of customization and flexibility; while significantly lowering a building's carbon footprint. dirtt has manufacturing facilities in phoenix, savannah, kelowna and calgary. our teams work with distribution partners throughout north america, the middle east and asia. for more information please visit www.dirtt.net.