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PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly PyroGenesis Canada Inc., is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. It provides engineering and manufacturing expertise, contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil and gas, and environmental industries. Its products and services include plasma atomized metal powders, aluminum and zinc dross recovery, waste management, plasma torches, and innovation/custom process development. It offers PUREVAP, which is a high purity metallurgical grade silicon and solar grade silicon from quartz.


TSX:PYR - Post by User

Post by Betteryear2on Nov 03, 2021 7:06am
439 Views
Post# 34080855

Guidance for Q3 2021

Guidance for Q3 2021

MONTREAL, Nov. 03, 2021 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. (https://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), a high-tech company (hereinafter referred to as the “Company” or “PyroGenesis”), that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions to reduce greenhouse gases (GHG), is pleased to provide guidance for the third quarter ended September 30, 2021.

Based on financial information to date, and subject to any closing adjustments, PyroGenesis expects revenue for the third quarter 2021 to be at least $8 million, resulting in total revenue for the nine months ended September 30, 2021 of at least $22 million, compared to $8.1 million (Q3 2020) and $11 million (nine months ended September 30, 2020).

The Company also expects to report a positive net income for the third quarter of 2021 as well as positive earnings per share for the same period.

https://www.globenewswire.com/news-release/2021/11/03/2326213/0/en/PyroGenesis-Provides-Guidance-for-Q3-2021.html

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