Water services firm Pure Cycle's Q1 revenue rises

Reuters01-08

Water services firm <a href="https://laohu8.com/S/PCYO">Pure Cycle</a>'s Q1 revenue rises

Overview

Water service provider's fiscal Q1 revenue grew 59% yr/yr
Net income for fiscal Q1 rose 16% yr/yr

Outlook

Pure Cycle expects Phase 2D completion in fiscal 2026
Company anticipates Phase 2E completion by fiscal 2027
Pure Cycle plans infrastructure improvements including I-70 interchange construction in 2026

Result Drivers

LAND DEVELOPMENT - Lot sales revenue increased significantly due to completion of Phase 2C and initiation of Phase 2D at Sky Ranch
RESIDENTIAL WATER REVENUE - Residential water and wastewater service revenues increased despite a decrease in water deliveries to oil and gas customers

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q1 Net Income		$4.57 mln

Press Release: ID:nGNX21ZFwV

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.)

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