Pure Cycle Corporation announced earnings results for the second quarter ended February 28, 2021. For the second quarter, the company announced total revenue was USD 4.739 million compared to USD 3.519 million a year ago. Operating income was USD 2.058 million compared to operating loss of USD 61,000 a year ago. Net income was USD 17.352 million compared to USD 274,000 a year ago. Diluted earnings per share from continuing operations was USD 0.72 compared to USD 0.01 a year ago. For the half year, total revenue was USD 9.607 million compared to USD 13.979 million a year ago. Operating income was USD 3.011 million compared to USD 927,000 a year ago. Net income was USD 18.197 million compared to USD 6.037 million a year ago. Diluted earnings per share from continuing operations was USD 0.76 compared to USD 0.25 a year ago.