Pure Cycle reports Q2 EPS 3c vs. 0c last year

Reports Q2 revenue $4M vs. $3.2M last year. “Second quarter is a seasonally slow quarter due to our Colorado winters making field construction challenging. That said we have a record number of lots under construction and have made substantial progress through the winter months towards delivering these lots,” commented Mark Harding, CEO of Pure Cycle (PCYO). “Our entry level market segmentation and our developing finished lots for our homebuilder customers continues to differentiate us in the market and bolster our value proposition to our homebuilder customers,” continued Harding.