PureCycle Technologies Reports Third Quarter Revenue Decline and Operational Issues
PCT PureCycle Technologies Inc
$1.66 -11.44%
View chart & analysis → - 1PureCycle Technologies recorded $2.3 million in third quarter revenue.
- 2Approximately 50 million pounds of PureCycle Technologies' annual projected volume has been delayed following the extension of the New Jersey food contact exemption.
- 3PureCycle Technologies has signed a three-year feedstock supply agreement with WM starting this month.
So what's the key point?
PureCycle Technologies' third quarter revenue decreased to $2.3 million. Delays in volume supply have resulted in the company being unable to meet its planned targets.
Source The Motley Fool +1 · View original ↗
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