8-K
filed July 14, 2023, 7:59 PM ET
ticker PCYO
CIK 0000276720
earnings
confidence high
sentiment positive
materiality 0.80
Pure Cycle Q3 net income $3.3M ($0.14 EPS) vs $0.84M; revenue $6.9M doubles YoY
PURE CYCLE CORP
2023-Q3 EPS reported
$0.15
revenue$11,209,000
- Revenue $6.9M for Q3 (vs $3.2M) on record oil & gas water sales and Sky Ranch Phase 2A/2B lot sales.
- Net income $3.3M ($0.14 diluted EPS) vs $0.84M ($0.03); 17th consecutive profitable quarter.
- Phase 2 lot prices up 40% vs Phase 1; nearly 200 homes started in Phase 2A, 211 lots in Phase 2B begun.
- Single-family rental: 4 homes rented in Phase 1, 10 under construction in Phase 2A (6 completed after quarter end).
- Cash $26.0M; acquired three deep water wells in Lost Creek Basin for $0.3M.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
PURE CYCLE CORP reported nine months ended May 31, 2023 results: revenue $11.2 million, net income $3.6 million, EPS $0.15.
- Period
- nine months ended May 31, 2023
- Revenue
- $11.2 million
- Net income
- $3.6 million
- EPS
- $0.15
- Result
- reported results
Exact text from the filing
For the nine months ended May 31, 2023, we posted revenues of $11.2 million
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
PURE CYCLE CORP reported three months ended May 31, 2023 results: revenue $6.9 million, net income $3.3 million, EPS $0.14.
- Period
- three months ended May 31, 2023
- Revenue
- $6.9 million
- Net income
- $3.3 million
- EPS
- $0.14
- Result
- reported results
Exact text from the filing
For the three months ended May 31, 2023, we posted $6.9 million of revenue
View on SEC.gov
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