Tuesday, August 29, 2017

PyroGenesis Announces Q2-2017 Results: Cash Flow Positive on EBITDA (Modified) Basis; Revenues Increase by 165%; Gross Margins Increase to 48%; Current Backlog $7.64MM


MONTREAL, QUEBEC PYR, PYRNF, (Marketwired Aug. 28, 2017)  PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX VENTURE:PYR)(OTCQB:PYRNF), a high-tech company (the Company or PyroGenesis ) that designs, develops, manufactures and commercializes plasma waste-to-energy systems and plasma torch products, is pleased to announce today its financial and operational results for the second quarter ended June 30, 2017. Q2-2017 results reflected the following highlights: Revenues increased 165% to $2.17MM in Q2-2017, over $0.82MM posted in Q2-2016; Gross profit before amortization of intangible assets increased to 48%
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