PyroGenesis Canada’s Revenue Soars in Q2 2024
Company Announcements

PyroGenesis Canada’s Revenue Soars in Q2 2024

Story Highlights

PyroGenesis Canada (TSE:PYR) has released an update.

PyroGenesis Canada Inc. reports a significant year-over-year revenue increase of 29.6% to $3.93 million in Q2 2024, with a gross profit of $1.12 million and a strong backlog of $29.8 million. The company’s positive financial results reflect consistent revenue growth over five quarters and successful strategic decisions. These achievements underscore PyroGenesis’ growing momentum in the industrial decarbonization and electrification sector.

For further insights into TSE:PYR stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskPyroGenesis Reports Strong Q3 Results and Expansion
TipRanks Canadian Auto-Generated NewsdeskPyroGenesis Secures $27M Contract for Plasma Torch
TipRanks Canadian Auto-Generated NewsdeskPyroGenesis Secures US Navy After-Sales Contract
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App