PyroGenesis Canada Q2 EPS $(0.03) Up From $(0.06) YoY, Sales $2.26M Down From $4.58M YoY
Portfolio Pulse from Benzinga Newsdesk
PyroGenesis Canada (NASDAQ:PYR) reported Q2 losses of $(0.03) per share, a 50% improvement from $(0.06) per share YoY. However, sales decreased by 50.63% to $2.26 million from $4.58 million YoY.
August 11, 2023 | 5:12 am
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NEUTRAL IMPACT
PyroGenesis Canada's Q2 earnings report shows a decrease in sales but an improvement in EPS losses.
While the company has managed to reduce its losses per share, the significant decrease in sales could be a concern for investors. This mixed result makes the short term impact on the stock price uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100