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Stock impact report

ClearSign Technologies Corp (CLIR) Q3 2024 Earnings Call Highlights: Record Revenue Surge and ... [Yahoo! Finance]

ClearSign Technologies Corporation (CLIR) 
US:NASDAQ Investor Relations: clearsign.com/investors
Company Research Source: Yahoo! Finance
Gross Profit Margin: Increased by 11% year-over-year, from 22% in 2023 to 33% in 2024. Net Loss: Decreased by $104,000 for the nine months ended September 30, 2024, an improvement of 2.5% over the comparable period in 2023. Cash Balance: Approximately $14.5 million as of September 30, 2024. Net Cash Used in Operations: Approximately $1.4 million for Q3 2024, compared to $1.3 million in Q3 2023. Warning! GuruFocus has detected 3 Warning Signs with CLIR. Release Date: November 20, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript ClearSign Technologies Corp ( NASDAQ:CLIR ) reported a record quarterly revenue of $1.9 million, a significant increase from $85,000 in the same period last year. The company achieved its largest year-to-date revenue since inception, with $3 million for the first nine months of 2024. Gross profit margin improved by 11% year-over-year, from 22% in 2023 to 33% in 2024. ClearSign's partner Show less Read more
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