ClearSign Technologies Q1 2024 GAAP EPS $(0.03), Sales $1.102M Beat $1.025M Estimate
Portfolio Pulse from Benzinga Newsdesk
ClearSign Technologies (NASDAQ:CLIR) reported a Q1 2024 GAAP EPS of $(0.03) and sales of $1.102 million, beating the analyst estimate of $1.025 million. This represents a 23.27% increase over the same period last year.
May 23, 2024 | 8:23 pm
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ClearSign Technologies reported a Q1 2024 GAAP EPS of $(0.03) and sales of $1.102 million, beating analyst estimates and showing a significant year-over-year increase in sales.
The company's sales beat analyst estimates by 7.51% and showed a significant year-over-year increase of 23.27%. Despite reporting a loss per share, the positive sales performance is likely to have a favorable short-term impact on the stock price.
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