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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

Comment by Zaphodon Jul 12, 2022 12:59pm
81 Views
Post# 34818415

RE:RE:RE:Anybody know Q2 Report Date ?

RE:RE:RE:Anybody know Q2 Report Date ?This didnt age well...year end 90 million drop in earnings...oops



SWRB wrote:

PyroGenesis Announces Q2 2021 Results Revenues $8.3MM; Gross Margin 59.6%; Current Backlog $32.1MM

T.PYR 

MONTREAL, Aug. 16, 2021 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. (https://pyrogenesis.com) (NASDAQ: PYR) (TSX: 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 announce today its financial and operational results for the second quarter ended June 30th, 2021.

“We are happy to be announcing financial results for Q2 2021 and, once again, they are historical. As can be seen from the table below, net income from operations (not including share-based expenses) was profitable at $850K, on record quarterly revenues of $8.3MM (a 32% increase Q1 over Q2 2021). This is the fourth quarter in a row that PyroGenesis has posted more revenues in each quarter than for all of 2019, and the Company is on track to exceed the record revenues of 2020,” said Mr. P. Peter Pascali, CEO and Chair of PyroGenesis. “Not only is PyroGenesis posting record revenues, with an overall gross margin of 59.6%, but the Company’s backlog of signed contracts is increasing at the same time, which bodes well for the future. We expect this trend to continue.”




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