DIRTT Receives Top Honor in Manufacturing on Fast Company’s Annual List of the World’s Most Innovative Companies of 2025 CALGARY, Alberta, March 18, 2025 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (TSX: DRT) (OTC: DRTTF) (“DIRTT”), a leader in industrialized construction, has been named number one in Manufacturing on Fast Company’s prestigious list of the . The list highlights companies that are shaping industry and culture through their innovations to set new standards and achieve remarkable milestones in all sectors of the economy. “With a vision to transform how the world ...
DIRTT Reports Fourth Quarter 2024 Financial Results CALGARY, Alberta, Feb. 26, 2025 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT”, 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 twelve months ended December 31, 2024. All financial information in this news release is presented in U.S. dollars, unless otherwise stated. Fourth Quarter 2024 Highlights and Recent Developments Revenue of $48.9 million, a decrease of $2.0 million or 4% from the same period in ...
DIRTT to Announce Fourth Quarter 2024 Financial Results on February 26, 2025 CALGARY, Alberta, Feb. 18, 2025 (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 fourth quarter 2024 financial results on Wednesday, February 26, 2025, 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, February...
DIRTT Announces Share Repurchase CALGARY, Alberta, Feb. 14, 2025 (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 a share repurchase agreement (the "Repurchase Agreement") with NGEN III, LP ("NGEN"), to purchase for cancellation 3,920,844 common shares of DIRTT (“Common Shares”) currently held by NGEN (the “NGEN Shares”) at a purchase price of USD$0.80 per NGEN Share (the “Share Repurchase”), which is a discount to the current market price. Upon comple...
DIRTT's Update on Litigation with Falkbuilt, Smed and Loberg CALGARY, Alberta, Feb. 11, 2025 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. ("DIRTT" or the "Company") (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced an update on the Company's litigation against Falkbuilt, Smed and Loberg. On February 5, 2025, the U.S. District Court for the Northern District of Utah granted Falkbuilt's motion to dismiss the case DIRTT brought against it in Utah, on the basis of forum non conveniens. In simple terms, the Utah Court decided that it would not hear DIRTT's c...
DIRTT Announces Normal Course Issuer Bid for Common Shares CALGARY, Alberta, Dec. 18, 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 common shares in the capital of DIRTT ("common shares"). The NCIB is expected to commence on December 20, 2024 and terminate on December 19, 2025. Under the NCIB, DIRTT is permitted to acquire up t...
DIRTT Welcomes Holly Hess Groos to the Board of Directors CALGARY, Alberta, Nov. 26, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”), a leader in industrialized construction, is pleased to announce that Holly Hess Groos is joining the DIRTT Board of Directors effective November 26, 2024 and will also serve as the Chair of the Audit Committee. Effective November 26, 2024, Scott Robinson, current Board Chair and Audit Committee Chair, will step down from his role as Audit Committee Chair. Ms. Groos is a senior financial executive. She retired from Ver...
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"...
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