DIRTT Reports Third Quarter 2024 Financial Results CALGARY, Alberta, Nov. 06, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”, “we”, “our”, “us” or “ours”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, today announced its financial results for the three and nine months ended September 30, 2024. All financial information in this news release is presented in U.S. dollars, unless otherwise stated. Third Quarter 2024 Highlights Revenue of $43.4 million in the third quarter of 2024, a decrease of 12% from the prior year period.Gross pr...
DIRTT to Announce Third Quarter 2024 Financial Results on November 6, 2024 CALGARY, Alberta, Oct. 22, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today that it will release its third quarter 2024 financial results on Wednesday, November 6th, 2024, after markets close. Webcast Information:In conjunction with the release, the executive team has scheduled a conference call to discuss the company’s results. The call will be broadcast live via webcast on Thursday, November 7th...
DIRTT Receives Industry Excellence Recognition from Industrialized Construction Group Through New Medallion Program CALGARY, Alberta, Oct. 02, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (TSX: DRT) (OTC: DRTTF) (“DIRTT”), a global leader in industrialized construction, has been awarded the Industrialized Construction Maturity Assessment (ICMA) Platinum Medallion from Industrialized Construction Group (ICG). This new program from ICG is designed to recognize outstanding performance across key disciplines and drivers of industrialized construction success and the Platinum Me...
DIRTT’s COVE™ Receives Prestigious Industry Awards at 2024 Healthcare Facilities Symposium and Expo CALGARY, Alberta, Sept. 25, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (TSX: DRT) (OTC: DRTTF) (“DIRTT”), a global leader in industrialized construction, was recognized with two significant product awards for “Most Innovative” and “Architect’s Choice” at the 2024 Healthcare Facilities Symposium and Expo for its COVE™ Clinical Observation Vertical Exam solution. Designed to meet increasing demands of emergency departments to do more with less, COVE is evolving how care is...
DIRTT Announces Results of Special Meeting of Shareholders CALGARY, Alberta, Sept. 20, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT”) (TSX: DRT) (OTC: DRTTF) announced today the results of its special meeting of shareholders held on September 20, 2024 (the “Shareholders Meeting”). At the Shareholders Meeting, shareholders of DIRTT voted in favour of ratifying, confirming and approving the Amended and Restated Shareholder Rights Plan Agreement dated as of August 2, 2024, between DIRTT and Computershare Trust Company of Canada, as Rights Agent (the “Rights Plan”). ...
DIRTT Announces Promotion of Richard Hunter to President and Chief Operating Officer CALGARY, Alberta, Sept. 11, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (TSX: DRT) (OTC: DRTTF) (“DIRTT”), a global leader in industrialized construction, today announced the promotion of Richard Hunter to the role of President and Chief Operating Officer, effective immediately. This newly created executive leadership role reflects the company’s continued focus on growth and excellence in manufacturing. Mr. Hunter has served as the Chief Operating Officer of DIRTT since August of 2022, an...
DIRTT Announces Normal Course Issuer Bid for Debentures CALGARY, Alberta, Aug. 26, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (TSX: DRT; OTC: DRTTF) ("DIRTT" or the "Company"), a leader in industrialized construction, announced today that the Toronto Stock Exchange ("TSX") has accepted DIRTT’s notice of intention to make a normal course issuer bid (the "NCIB") for DIRTT's 6.00% convertible unsecured subordinated debentures due January 31, 2026 ("January Debentures") and its 6.25% convertible unsecured subordinated debentures due December 31, 2026 ("December Debentures", a...
DIRTT Reports Second Quarter 2024 Financial Results CALGARY, Alberta, Aug. 07, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”, “we”, “our”, “us” or “ours”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, today announced its financial results for the three and six months ended June 30, 2024. All financial information in this news release is presented in U.S. dollars, unless otherwise stated. Second Quarter 2024 Highlights Revenue of $41.2 million in the second quarter of 2024, a decrease of 8% from the prior year period.Gross profit...
DIRTT Unveils Major ICE® Software Update, Transforming User Experience and Project Management CALGARY, Alberta, Aug. 06, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, today announced the release of ICE Manager, the most significant update to its industry-leading software platform to date. This software update introduces two key components: the new ICE Manager and the Design Editor application, both developed to revolutionize user engagement with the ICE platform. These advancements s...
DIRTT Announces Debenture Repurchase, Enters into Support Agreement and Amends Shareholder Rights Plan CALGARY, Alberta, Aug. 02, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. ("DIRTT" or the "Company") (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today that it has entered into an agreement (the "Repurchase Agreement") with 22NW Fund LP ("22NW"), DIRTT's largest shareholder, to purchase for cancellation an aggregate of C$18,915,000 principal amount of DIRTT's outstanding 6.00% convertible debentures due January 31, 2026 (the "January Debentures"...
DIRTT to Release Q2 2024 Financial Results August 7 CALGARY, Alberta, July 24, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today that it will release its second quarter 2024 financial results on Wednesday, August 7th, 2024, after markets close. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live via webcast on Thursday, August 8th, 2024, at 8:00am MST (10:00am EST). The call and webcast will be hosted by Benjamin Urba...
DIRTT Announces Board of Directors Changes CALGARY, Alberta, July 01, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (TSX: DRT) (OTC: DRTTF) (“DIRTT”), a global leader in industrialized construction, today announced that its Board of Directors has elected Scott Robinson to serve as Board Chair. Mr. Robinson has served on the Board since 2022, as Chair of the Audit Committee and member of the Enterprise Risk Management Committee. He assumes the role previously held by Ken Sanders, who is retiring from the DIRTT Board effective June 30, 2024. “It has been a privilege to serve...
DIRTT Announces Results of Annual and Special Meeting of Shareholders CALGARY, Alberta, May 10, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”, “we”, “our”, “us” or “ours”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, today announced the results of its annual and special meeting of shareholders held on May 9, 2024. The detailed results of the vote on the election of directors are as follows: Votes for Votes withheld Nominee Number Percent Number Percent Douglas Edwards 143,212,639 99.86 197,858 0.14 Aron Englis...
DIRTT Reports First Quarter 2024 Financial Results CALGARY, Alberta, May 08, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”, “we”, “our”, “us” or “ours”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, today announced its financial results for the three months ended March 31, 2024. All financial information in this news release is presented in U.S. dollars, unless otherwise stated. First Quarter 2024 Highlights Revenue of $40.8 million in the first quarter of 2024, up 11% compared to the first quarter of 2023.Gross profit increased...
DIRTT Releases Investor Deck and Announces Q1 2024 Earnings Release Date of May 8, 2024 CALGARY, Alberta, April 22, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a global leader in industrialized construction, today provided an update outlining its continuing journey to excellence with its new executive leadership team and board of directors (the “Board”) in an investor presentation that is available on DIRTT’s website. Highlights of the investor presentation include: DIRTT shareholders elected a new Board in April 2022 an...
DIRTT Announces Results of its Substantial Issuer Bid and Tender Offer CALGARY, Alberta, March 25, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today the results of its substantial issuer bid and tender offer commenced on February 15, 2024, as varied on March 5, 2024 (as amended, the "Offer") to repurchase for cancellation: (i) up to C$6,000,000 principal amount of its issued and outstanding 6.00% convertible unsecured subordinated debentures due January 31, 2026 (the "Janu...
DIRTT Adopts Shareholder Rights Plan and Enters Into Support Agreement CALGARY, Alberta, March 22, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today that its Board of Directors has adopted the shareholder rights plan announced on March 19, 2024 and has also entered into a support agreement with DIRTT’s largest shareholder, 22NW Fund, LP. As previously announced, the rights plan is substantially similar to the rights plan adopted by the Company in 2021 and is intended to limit further concentration ...
DIRTT Announces Intention to Adopt Shareholder Rights Plan CALGARY, Alberta, March 19, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today that its Board of Directors intends to adopt a shareholder rights plan. “We are grateful to all DIRTT shareholders, including DIRTT’s two largest shareholders, 22NW Fund, LP and WWT Opportunity #1 LLC, who participated in our recent rights offering and increased their financial investment in DIRTT. The CAD$30 million raised through the offering not only positions ...
DIRTT Announces Amendments to its Substantial Issuer Bid CALGARY, Alberta, March 05, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today that it has effected certain amendments to the Company's offer to purchase and accompanying issuer bid circular (the "Offer and Circular") dated February 15, 2024, in connection with its previously announced substantial issuer bid and tender offer (the "Issuer Bid"). The amendments, the terms of which are set out in a notice of variation (...
DIRTT Welcomes Shally Pannikode to the Board of Directors CALGARY, Alberta, March 04, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”), a global leader in industrialized construction, is pleased to announce that Shally Pannikode is joining the DIRTT Board of Directors effective March 4, 2024. Ms. Pannikode has served as a technology executive for several leading healthcare organizations in North America, including Anthem and Humana, and is a recognized leader in digital transformation, data analytics, and AI. She currently serves as Chief Technology ...
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