The Company will also hold an investor conference call on September 26, 2024, at 9:30 a.m. CT (10:30 a.m. ET) to discuss its financial results. 

To date, Pyran has raised approximately $12.5 million in total investments since its founding in 2018.

The company announced details about when it will release its financial results for the fiscal 2025 first quarter. 

"Once again, we see that it pays off to invest in the future in any economic situation," says Martin Babilas, CEO of ALTANA AG.

The company will hold its Financial Community Presentation in Boston, MA and via livestream on August 29, 2024. 

"Our balance sheet is strong, and we will remain disciplined in our approach to allocating capital to strengthen our company for the long-term and return cash to shareholders," said Peter R. Huntsman, President and CEO.

“The company made a number of strategic investments over the past five years that are showing impressive results," said Chase Bean, President and CEO.

"With the solid second quarter performance and better visibility into the second half of the year, we are raising our full year 2024 guidance,” said Chris Villavarayan, CEO and President. 

“We saw a continuation of the dynamics of the first quarter, marked by positive volume momentum across most of our businesses. There was still pressure on prices,” said Dr. Markus Kamieth, Chairman of the Board of Executive Directors of BASF SE. 

The results show revenue is up compared to Q2 last year, but on the half-year, revenue is flat, pushing the company towards the lower end of its year-end guidance.