Pure Cycle Corporation reported earnings results for the third quarter and nine months ended May 31, 2023. For the third quarter, the company reported sales was USD 6.88 million compared to USD 3.19 million a year ago. Revenue was USD 6.88 million compared to USD 3.19 million a year ago. Net income was USD 3.3 million compared to USD 0.837 million a year ago. Basic earnings per share from continuing operations was USD 0.14 compared to USD 0.03 a year ago. Diluted earnings per share from continuing operations was USD 0.14 compared to USD 0.03 a year ago.
For the nine months, sales was USD 11.21 million compared to USD 12.12 million a year ago. Revenue was USD 11.21 million compared to USD 12.12 million a year ago. Net income was USD 3.64 million compared to USD 4.04 million a year ago. Basic earnings per share from continuing operations was USD 0.15 compared to USD 0.17 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to USD 0.17 a year ago.