Urban-Gro claims revenue growth of up to 6% in 2020

LAFAYETTE — In a sneak peek of its next quarterly earnings, indoor agriculture engineering firm Urban-Gro Inc. (OTCMKTS: UGRO) said it likely had record revenues of just under $26 million in 2020.

The Lafayette company’s anticipated 2020 revenues of between $25.6 million to $25.9 million is a beat of between 4% to 6% over the $24.2 million in revenues from 2019. However, the company expects between $5.4 million to $5.7 million in net losses.

Urban-Gro expects to post a record quarterly revenue of between $9 million to $9.3 million for the final period of 2020, along…