Education
About Us
Working with TipRanks
Follow Us
PyroGenesis Canada (PYRGF)
:PYRGF
Earnings Data
Report Date
May 19, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.03Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Apr 01, 2025
|% Change Since: -9.09%
|Next Earnings Date:May 19, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant revenue growth, improved gross margins, and a record backlog, indicating positive company momentum. However, there were some challenges in specific segments such as the U.S. Navy system and PUREVAP sales. Overall, the sentiment leans positive due to the strong financial performance and major contract wins.Company Guidance
During the PyroGenesis Q3 2024 earnings call, the company highlighted several key metrics reflecting its financial and operational progress. The company reported a quarterly revenue of just over $4 million, marking a 9% year-over-year increase and the third consecutive quarter of growth. This growth was accompanied by a robust gross margin of 42%, a significant improvement from the previous quarter's 29% and the same period last year's 30%. The company's backlog reached a record high of $54.9 million, nearly doubling from previous levels and indicating strong future revenue potential. Additionally, the company has been successful in cost-cutting measures, reducing its selling, general, and administrative expenses by $2.6 million year-over-year. The modified EBITDA loss also improved, narrowing to $3 million from a $6 million loss in the prior year. These results underscore PyroGenesis' strategic focus on diversifying its product offerings and improving operational efficiencies amid challenging economic conditions.Revenue Growth
The company exited Q3 2024 with revenues just over $4 million, representing a 9% year-over-year increase. This marks the third consecutive quarter of year-over-year growth.
Improved Gross Margin
Gross margin for the quarter was 42%, a 13-point improvement over the previous quarter and a 12-point increase from the same period a year ago.
Record Backlog
Backlog reached an all-time high of $54.9 million, nearly doubling previous levels and marking a significant achievement for the company.
Major Contract Win
Secured a $27 million contract for a 20-megawatt plasma torch system, one of the most powerful torches ever produced commercially.
Cost Reduction
SG&A expenses decreased by $2.6 million due to reduced credit loss, share-based expenses, and cost-cutting in professional services.
---
PYRGF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
PYRGF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 01, 2025 | $0.35 | $0.37 | +4.26% |
| Nov 07, 2024 | $0.58 | $0.55 | -5.69% |
| Aug 07, 2024 | $0.57 | $0.54 | -6.14% |
| May 14, 2024 | $0.45 | $0.45 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does PyroGenesis Canada (PYRGF) report earnings?
PyroGenesis Canada (PYRGF) is schdueled to report earning on May 19, 2025, TBA Not Confirmed.
What is PyroGenesis Canada (PYRGF) earnings time?
PyroGenesis Canada (PYRGF) earnings time is at May 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PYRGF EPS forecast?
Currently, no data Available
---