secwatch.observer — SEC 8-K summary
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Issuer:     PURE CYCLE CORP (PCYO)
CIK:        0000276720
Form:       8-K
Filed at:   2024-07-11T23:59:59+00:00
Accession:  0001558370-24-009753
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pure Cycle Q3 net income $2.8M, revenue $7.6M; YTD net income $5.0M up 37%
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- Q3 revenue $7.6M (+11% YoY); net income $2.8M ($0.12 EPS) vs $3.3M ($0.14) in prior year.
- Nine-month revenue $16.2M (+44%); net income $5.0M ($0.21 EPS) vs $3.6M ($0.15) in prior year.
- Lot sales revenue up 52% in Q3 and 56% YTD; water deliveries YTD record 1,422 acre-feet.
- Cash $20.4M; Phase 2B ~70% complete, on track for FY2024; CEO sees strong water sales into 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/276720/000155837024009753/0001558370-24-009753-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/276720/000155837024009753/pcyo-20240710x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-009753

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer