PureCycle Technologies NASDAQ: PCT said its second-quarter operations were affected by a planned turnaround at its Ironton, Ohio facility, but management said the work was completed ahead of schedule and below budget and positioned the company for a second-half commercial ramp.
PureCycle Technologies, Inc. (PCT) Q2 2026 Earnings Call Transcript
PureCycle Technologies, Inc. (PCT) came out with a quarterly loss of $0.33 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to a loss of $0.35 per share a year ago.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 84 | $883.34 | $270.48 | -$612.86 | -69.38% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 29,505 | $224,828.1 | $95,006.1 | -$129,822 | -57.74% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 425 | $2,883.72 | $1,368.5 | -$1,515.22 | -52.54% |
| NA Nizar Araji National Bank Of Canada /FI/ | 189,314 | $1.42M | $604,858.23 | -$813,284.43 | -57.35% |
| JG James Gambaccini ACORN FINANCIAL ADVISORY SERVICES Inc. /ADV | 15,998 | $120,422.82 | $53,593.3 | -$66,829.52 | -55.5% |
| Chemicals Industry | Materials Sector | Dustin Olson CEO | NASDAQ (CM) Exchange | 74623V103 CUSIP |
| US Country | 174 Employees | - Last Dividend | - Last Split | 14 Jul 2020 IPO Date |
PureCycle Technologies, Inc. is at the forefront of sustainable practices, focusing on the production of recycled polypropylene (PP), a common type of plastic. Founded in 2015 and based in Orlando, Florida, the company operates with a mission to reduce plastic waste by transforming it into high-quality, reusable polypropylene resin. PureCycle Technologies leverages a patented recycling technology that meticulously removes color, odor, and other impurities from waste polypropylene, producing a resin that closely resembles virgin polypropylene in quality. This innovation not only supports the environment by minimizing plastic waste and reducing the need for new plastic production but also offers a sustainable alternative to industries reliant on polypropylene.
This flagship product by PureCycle Technologies entails a unique recycling process that converts waste polypropylene into a high-quality resin that matches the properties of virgin polypropylene. This ultra-pure recycled resin is versatile, being pivotal for manufacturing a wide array of products, from consumer packaging and labels to intricate plastic components required across various sectors.
PureCycle Technologies provides a solution to the plastics industry and businesses generating polypropylene waste by offering recycling services that apply their patented technology. This service is not just about waste management; it's a strategic initiative that helps companies achieve their sustainability goals by making their waste streams a source of valuable raw materials, thus contributing to a circular economy.