Clearsign Technologies Corp reports results for the quarter ended December 31 - Earnings Summary

• Clearsign Technologies Corp CLIR.OQ reported a quarterly adjusted loss of 2 cents​​ per share for the quarter ended December 31, identical to the same quarter last year. The lone analyst forecast for the quarter was for a loss of 3 cents per share.

• Revenue fell 53.7% to $590.00 thousand from a year ago; analysts expected $1.55 million.

• The company reported a quarterly loss of $1.16 million.

• Clearsign Technologies Corp shares had risen by 1.3% this quarter and lost 47.2% so far this year.

FORECAST CHANGES

• 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.

RECOMMENDATIONS

• Wall Street's median 12-month price target for Clearsign Technologies Corp is $6.00

This summary was machine generated from LSEG data April 2 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)