Welcome to our dedicated page for Pure Cycle news (Ticker: PCYO), a resource for investors and traders seeking the latest updates and insights on Pure Cycle stock.
Pure Cycle Corporation (PCYO) delivers essential water infrastructure services and land development solutions through its vertically integrated model. This news hub provides investors and stakeholders with timely updates on the company's dual focus areas: managing critical water resources and developing master-planned communities.
Track official announcements covering PCYO's water system operations, wastewater management projects, land entitlement progress, and community development milestones. Our curated collection includes earnings reports, regulatory filings, partnership disclosures, and strategic initiative updates.
Key areas of coverage include water infrastructure expansions, land parcel sales, single-family rental developments, and resource management innovations. Stay informed about operational developments that impact both utility service reliability and land asset valuations.
Bookmark this page for direct access to Pure Cycle's latest press releases and verified news articles. Monitor how PCYO's integrated approach to water resources and land development creates unique market opportunities across multiple sectors.
Pure Cycle Corporation (NASDAQ:PCYO) announced its sixteenth consecutive fiscal quarter of positive net income as of April 12, 2023. Notable developments include over 100 new home starts in Phase 2A of the Sky Ranch Master Planned Community and the initiation of construction on 211 lots in Phase 2B. Despite facing headwinds in the housing market due to rising interest rates, the company continues to demonstrate strong demand for affordable homes. For the first half of fiscal 2023, revenues were $4.3 million compared to $8.9 million in the prior year, with net income of $348,000. The company reported cash and investments totaling $22.5 million and expects record revenues from industrial water sales through the fiscal year.
Pure Cycle Corporation (NASDAQ: PCYO) is set to release its financial results for the three and six months ending February 23, 2023, on April 12, 2023. A conference call will follow on April 13, 2023, at 8:30 AM ET to discuss these results. The company continues to diversify its operations through three main segments: wholesale water and wastewater services, land development, and single-family home rentals. This integrated strategy is aimed at driving recurring revenues and strengthening its balance sheet, aligning with their operational goals.
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