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