Clearsign Technologies Corp reports results for the quarter ended in December - Earnings Summary

Clearsign Technologies

18/05/2023 22:01

* Clearsign Technologies Corp  CLIR.OQ  reported a quarterly
adjusted loss of 3 cents​​ per share for the quarter ended in
December. The lone analyst forecast for the quarter was for a
loss of 4 cents per share.
    * Revenue fell 7.4% to $50.00 thousand from a year ago;
analysts
expected $85.00 thousand. 
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Clearsign Technologies Corp shares had risen by 69.2% this
quarter and gained 151.9% so far this year.
    * The company reported a quarterly loss of $1.32 million.
    * Wall Street's median 12-month price target for Clearsign
Technologies Corp is $6.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
18 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.04          -0.03          Beat
 Sep. 30 2022      -0.04          -0.03          Beat
 Jun. 30 2022      -0.04          -0.05          Missed
 Mar. 31 2022      -0.06          -0.05          Beat