Plasma-based technology provider PyroGenesis' Q3 revenue declines, gross margin falls

Reuters11-12

Plasma-based technology provider PyroGenesis' Q3 revenue declines, gross margin falls

Overview

PyroGenesis Q3 revenue falls 18.7% yr/yr, reflecting project phase fluctuations
Gross margin declines to 24% from 42% in Q3 2024
Company secures C$1.2 mln contract with cement industry customer

Outlook

Company is not providing specific revenue or net income guidance for 2025
Company focuses on innovation in high temperature processes for heavy industry
Company sees significant market opportunity in heavy industries and defense

Result Drivers

NEW CONTRACTS - Secured a C$1.2 mln contract with a cement industry customer for plasma torch system, highlighting expansion into new sectors
FUMED SILICA ADVANCES - Significant progress in fumed silica reactor, tripling material surface area performance, moving closer to commercial readiness
STRATEGIC VERTICALS - New agreements in Europe for plastic waste and energy transition projects with Constellium show strength in strategic verticals

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Revenue		C$3.25 mln
Q3 Gross Margin		24.00%

Press Release: ID:nGNX8yVL6B

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2582832932?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-12 17:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2582832932","market":"fut","top_or_hot":-1,"title":"Plasma-based technology provider PyroGenesis' Q3 revenue declines, gross margin falls","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Plasma-based technology provider PyroGenesis' Q3 revenue declines, gross margin falls</title></head><body><p><span>Overview</span></p><ul><li><p>PyroGenesis Q3 revenue falls 18.7% yr/yr, reflecting project phase fluctuations</p></li><li><p>Gross margin declines to 24% from 42% in Q3 2024</p></li><li><p>Company secures C$1.2 mln contract with cement industry customer</p></li></ul><p><span>Outlook</span></p><ul><li><p>Company is not providing specific revenue or net income guidance for 2025</p></li><li><p>Company focuses on innovation in high temperature processes for heavy industry</p></li><li><p>Company sees significant market opportunity in heavy industries and defense</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>NEW CONTRACTS - Secured a C$1.2 mln contract with a cement industry customer for plasma torch system, highlighting expansion into new sectors</p></li><li><p>FUMED SILICA ADVANCES - Significant progress in fumed silica reactor, tripling material surface area performance, moving closer to commercial readiness</p></li><li><p>STRATEGIC VERTICALS - New agreements in Europe for plastic waste and energy transition projects with Constellium show strength in strategic verticals</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q3 Revenue</p></td><td></td><td><p>C$3.25 mln</p></td><td></td></tr><tr><td><p>Q3 Gross Margin</p></td><td></td><td><p>24.00%</p></td><td></td></tr></tbody></table><p>Press Release: <span>ID:nGNX8yVL6B</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Plasma-based technology provider PyroGenesis' Q3 revenue declines, gross margin falls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPlasma-based technology provider PyroGenesis' Q3 revenue declines, gross margin falls\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-11-12 17:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Plasma-based technology provider PyroGenesis' Q3 revenue declines, gross margin falls</title></head><body><p><span>Overview</span></p><ul><li><p>PyroGenesis Q3 revenue falls 18.7% yr/yr, reflecting project phase fluctuations</p></li><li><p>Gross margin declines to 24% from 42% in Q3 2024</p></li><li><p>Company secures C$1.2 mln contract with cement industry customer</p></li></ul><p><span>Outlook</span></p><ul><li><p>Company is not providing specific revenue or net income guidance for 2025</p></li><li><p>Company focuses on innovation in high temperature processes for heavy industry</p></li><li><p>Company sees significant market opportunity in heavy industries and defense</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>NEW CONTRACTS - Secured a C$1.2 mln contract with a cement industry customer for plasma torch system, highlighting expansion into new sectors</p></li><li><p>FUMED SILICA ADVANCES - Significant progress in fumed silica reactor, tripling material surface area performance, moving closer to commercial readiness</p></li><li><p>STRATEGIC VERTICALS - New agreements in Europe for plastic waste and energy transition projects with Constellium show strength in strategic verticals</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q3 Revenue</p></td><td></td><td><p>C$3.25 mln</p></td><td></td></tr><tr><td><p>Q3 Gross Margin</p></td><td></td><td><p>24.00%</p></td><td></td></tr></tbody></table><p>Press Release: <span>ID:nGNX8yVL6B</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4153","symbol_name":"铝","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251112:nL1N3WO021:1","article_id":"2582832932","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2582832932","pubTimestamp":1762938184,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Plasma-based technology provider PyroGenesis' Q3 revenue declines, gross margin fallsOverviewPyroGenesis Q3 revenue falls 18.7% yr/yr, reflecting project phase fluctuationsGross margin declines to 24%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4153":"铝","CSTM":"Constellium N.V."},"translate_title":"等离子体技术提供商PyroGenesis第三季度收入下降，毛利率下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CSTM":0.9},"content_text":"Plasma-based technology provider PyroGenesis' Q3 revenue declines, gross margin fallsOverviewPyroGenesis Q3 revenue falls 18.7% yr/yr, reflecting project phase fluctuationsGross margin declines to 24% from 42% in Q3 2024Company secures C$1.2 mln contract with cement industry customerOutlookCompany is not providing specific revenue or net income guidance for 2025Company focuses on innovation in high temperature processes for heavy industryCompany sees significant market opportunity in heavy industries and defenseResult DriversNEW CONTRACTS - Secured a C$1.2 mln contract with a cement industry customer for plasma torch system, highlighting expansion into new sectorsFUMED SILICA ADVANCES - Significant progress in fumed silica reactor, tripling material surface area performance, moving closer to commercial readinessSTRATEGIC VERTICALS - New agreements in Europe for plastic waste and energy transition projects with Constellium show strength in strategic verticalsKey DetailsMetricBeat/MissActualConsensus EstimateQ3 RevenueC$3.25 mlnQ3 Gross Margin24.00%Press Release: ID:nGNX8yVL6BFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2582832932","isCrawlerRequest":true}