Cal Nano Reports Record Revenue, Eyes Expansion

California Nanotechnologies (TSE:CNO) has released an update.

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.

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