PyroGenesis Canada Inc. (TSX:PYR, NASDAQ:PYR) Vice President for Corporate Affairs Steve McCormick details some of the big milestones the company achieved in the second quarter of its financial year in an interview with Proactive.
The company posted 2Q revenue of $5.8 million, driven by its main business offerings, and said its backlog of signed and/or awarded contracts stood at above $35.3 million.
McCormick said the company also posted an impressive 43% quarterly gross margin, well above many of its peers in industrial technology and manufacturing and close to the average of the S&P 500.