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PyroGenesis Canada posts quarterly revenue of more than C$8M, exceeding prior full-year results

Published: 11:33 30 Nov 2020 EST

PyroGenesis Canada Inc (TSE:PYR) (OTCQB:PYRNF) (FRA:8PY) CEO Peter Pascali tells Proactive the Montreal-based group brought in third-quarter 2020 revenues of C$8.1 million, a 289% year-over-year increase, along with a 16-fold improvement in its net income to C$15.3 million.

Pascali says the C$8M in quarterly revenues more than the group has posted for any full year, ended the quarter with a $36.4 million backlog of signed contracts.

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