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.