Louisville, Colorado, March 28, 2024 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), is reporting results for the three and twelve months ended December 31, 2023. Fourth Quarter 2023 Financial Summary (in $ thousands, excl. margin items): Q4 2023(unaudited)Q3 2023(unaudited)Q4 2022(unaudited)Revenue$251 $914 $1,461 Gross Profit$(286)$(104)$151 Gross Margin (113.8%) (11.4%) 10.3%Operating Expenses$709 $703 $1,433 Net Income/(Loss)$(988)$(799)$(1,
Louisville, Colorado, Nov. 14, 2023 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), is reporting results for the three months ended September 30, 2023. Third Quarter 2023 Financial Summary (in $ thousands, excl. margin items): Q3 2023Q2 2023Q3 2022Revenue$914 $1,064 $5,063 Gross Profit (Loss)$(104)$79 $597 Gross Margin (11.4%) 7.4% 11.8%Operating Expenses$703 $783 $1,656 Net Income/(Loss)$(799)$(694)$(1,042) “Given the state of our operations, o
- Management to Host Conference Call Today at 4:15pm E.T. - Louisville, Colorado, Aug. 14, 2023 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), is reporting results for the three months ended June 30, 2023. “The cannabis market environment continues to present challenges as operators contend with the prolonged effects of pricing and inflationary pressure,” said Tony McDonald, Chairman and CEO of CEA Industries. “The controlled agricultural secto