Pure Cycle Corporation reported earnings results for the first quarter ended November 30, 2022. For the first quarter, the company reported sales was USD 1.34 million compared to USD 4.27 million a year ago. Revenue was USD 1.34 million compared to USD 4.27 million a year ago.

Net income was USD 0.159 million compared to USD 1.51 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to USD 0.06 a year ago.