Growing revenues from Q-to-Q is what NASDAQ usually expectsMarch 31 approaching, that will mean that another Q (Q1) is about to close.
Now that we're on the NASDAQ, we know that growth must be at the rendez-vous, from one Q to another.
Unless I'm mistaken, we haven't hear of any revenue from Jan. 1st to today. So maybe we'll have one by March 31. And if we don't hear any revenues in Q1, then Q2 will be an amazing one.
For Q4, we've already been given guidance on Jan.11:
January 11th, 2021) -- PyroGenesis Canada Inc. (https://www.pyrogenesis.com) (TSX: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the "Company", the “Corporation” or "PyroGenesis") that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, is pleased to provide guidance for the fourth quarter, and full year, both ending December 31st, 2020. Based on preliminary financial information, and subject to year-end closing adjustments,
PyroGenesis expects revenue for the fourth quarter 2020 to be between $3 - $5 million, resulting in total revenues for the fiscal year ending 2020 of approximately $14 - $16 million, as compared to $1.07 million (Q4 2019) and $4.8 million (FY 2019), respectively. The Company also expects earnings per share (“EPS”) for the fourth quarter to be in the range of $0.10 - $0.12, and for the fiscal year ending 2020 of between $0.22 - $0.24, as compared to a loss of $0.04 (Q4 2019) and a loss of $0.07 (FY 2019), respectively. The Q4 2020 guidance and actual 2019 results noted above are summarized in the following table below: Actual 2019 Guidance 2020 Revenue Q4 $1.07 MM $3 - $5 MM YE $4.8 MM $14 - $16 MM EPS Basic Q4 ($0.04) $0.10 - $0.12 YE ($0.07) $0.22 - $0.24
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Nov. 25, 2020 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. (https://pyrogenesis.com) (TSX: PYR) (OTCQB: PYRNF) (FRA:8PY), a high-tech company, (the "Company", the “Corporation” or "PyroGenesis") that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch systems, is pleased to announce today its financial and operational results for the third-quarter ended September 30th, 2020. Q3 2020 results reflect the following highlights:
- Revenues of $8,149,427, an increase of 289% from $2,097,437 over the same period in Q3 2020;
Financial Summary
Revenues
PyroGenesis recorded revenue of $8,149,427 in the third quarter of 2020 (“Q3, 2020”), representing an increase of 289% compared with $2,097,437 recorded in the third quarter of 2019 (“Q3, 2019”).
Revenues recorded during the nine months ended September 30, 2020 were generated primarily from:
(i) DROSRITE™ related sales of $6,384,563 (2019 - $Nil)
(ii) PUREVAP™ related sales of $2,883,819 (2019 - $328,733)
(iii) torch related sales of $897,822 (2019 - $1,932,353)
(iv) the development and support related to systems supplied to the U.S. Military of $478,132 (2019 - $500,946)