Pure cycle announces financial results for the three months ended november 30, 2022

Denver, co / accesswire / january 9, 2023 / pure cycle corporation (nasdaq capital market:pcyo) announced for the three months ended november 30, 2022, it posted positive net income for the fifteenth consecutive fiscal quarter. the housing market downturn and quick turn in weather proved to be a challenge for our first quarter of fiscal 2023, but we received several surface use payments and other cash payments from oil and gas operators which are a positive sign to what we believe will be a strong year for oil and gas water sales.
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