PyroGenesis Canada Reports Q3 Revenue of $3.07 Million and Reduced EBITDA Loss

PyroGenesis Canada (PYRGF) has released its third-quarter financial results, reporting revenue of $3.07 million, representing a 5.5% decrease compared to the same period last year. Despite the slight decline in top-line growth, the company managed to narrow its modified EBITDA loss to $1.5 million, an improvement from the $1.9 million loss reported in the previous year. The company maintains a strong revenue backlog of $39.9 million in signed or awarded contracts extending through November 2026, with 85% of these contracts denominated in U.S. dollars. Due to the early stage of market adoption for its core business lines, PyroGenesis has opted not to provide specific revenue or net income guidance for the 2026 fiscal year.

By https://seekingalpha.com/user/52365730/bio · Seeking Alpha ·

PyroGenesis Canada Reports Q3 Revenue of $3.07 Million and Reduced EBITDA Loss

Tickers: $PYRGF

Topics: backlog ebitda financial_results revenue

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