Welcome to our dedicated page for Puration news (Ticker: PURA), a resource for investors and traders seeking the latest updates and insights on Puration stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Puration's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Puration's position in the market.
Puration, Inc. (PURA) reported over $3 million in revenue for the trailing 12 months, with 48% YTD sales growth totaling $1.6 million in Q2 2020. The company is actively pursuing acquisitions to expand into a potential $500 billion market, targeting CBD-infused products. A 1 for 1 stock dividend is anticipated for shareholders following the sale of its cannabis cultivation operation, and a surprise additional dividend may arise from potential water purification technology sales. PURA's ongoing initiatives aim to unify branding across multiple sectors.
Puration, Inc. (USOTC: PURA) will release an earnings update on August 25, 2020, highlighting year-to-date performance post-Q2 2020 report. The update will also cover ongoing acquisitions to enhance CBD product distribution and details on a dividend resulting from the sale of its cannabis cultivation operation to PAO Group, Inc. PURA reported $1.6 million in YTD sales, a 48% increase from $1.1 million in the prior year, driven by strong demand for EVERx CBD Sports Water amidst COVID-19.