Safe and Green Development Corporation (NASDAQ: SGD) rose 14.68% in premarket trading following the release of its Q3 2025 earnings report, which highlighted a 4,200% year-over-year revenue surge to $3.5 million and margin expansion. The company attributed the growth to increased volumes in its engineered soils and logistics divisions, as well as the recent acquisition of a new Microtec milling system. This equipment, set to arrive in Q4, is expected to enable production of high-margin growing media, a strategic move that opens a significant revenue stream. Management emphasized continued operational momentum and a path to improved profitability in 2026, despite near-term integration costs. The report also noted a 26% gross margin for Q3, up from 23% in Q2, reinforcing investor confidence in the company’s scalability and future earnings potential.
Comments
No comments yet