Crown Reiterates Q3 Revenue Guidance Of $8M And Provides Film Division Update
Portfolio Pulse from Benzinga Newsdesk
Crown Electrokinetics Corp. (NASDAQ:CRKN) reiterates its Q3 revenue guidance of $8 million, marking a 70% sequential increase. The company also reports progress in its Film Division, particularly in mastering technology for Dynamic Tint™ film.
September 17, 2024 | 12:33 pm
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Crown Electrokinetics Corp. reaffirms its Q3 revenue guidance of $8 million, indicating a 70% sequential growth. The company is advancing its Film Division, particularly in the mastering technology for Dynamic Tint™ film, which could enhance its product offerings.
The reaffirmation of Q3 revenue guidance at $8 million, representing a 70% increase, is a positive indicator of Crown's growth trajectory. Additionally, advancements in the Film Division, particularly in mastering technology for Dynamic Tint™ film, suggest potential for enhanced product offerings, which could positively impact the stock price.
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