California Nanotechnologies (TSE:CNO) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
California Nanotechnologies Corp. reported a record-breaking quarterly revenue of US$1.75 million, a 243% year-over-year increase, alongside strong profitability with a net income of US$696K. The company anticipates further growth with the impending commissioning of its new Santa Ana facility, aimed at expanding manufacturing capacity and driving future revenues.
For further insights into TSE:CNO stock, check out TipRanks’ Stock Analysis page.