Clear Blue Technologies Soars with Strong Revenue Growth
Company Announcements

Clear Blue Technologies Soars with Strong Revenue Growth

Clear Blue Technologies International, Inc. (TSE:CBLU) has released an update.

Clear Blue Technologies International Inc. saw a remarkable year-over-year revenue surge, reporting a 255% increase to $5.9M for the trailing four quarters and a 208% jump in Q1 2024 alone, resulting in $808K. The company’s Q1 gross margin improved to 42%, and significant advancements include the launch of the Esite version of its Illumience Smart Power service. These financial and operational leaps signal Clear Blue’s strong market position in Smart Off-Grid power for diverse sectors.

For further insights into TSE:CBLU stock, check out TipRanks’ Stock Analysis page.

Related Articles
GlobeNewswireClear Blue Technologies Announces Q1 2024 Financial Results
TipRanks Canadian Auto-Generated NewsdeskClear Blue Technologies’ Soaring Fiscal 2023 Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!