Clear Blue Technologies International, Inc. (TSE:CBLU) has released an update.
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Clear Blue Technologies International Inc. has reported a robust Q4 2023, with revenues reaching $2.1M, surpassing the upper end of their guidance and doubling the full-year revenue compared to 2022. The company saw significant growth across its Nano-Grid, Illumient, and Esite-Micro systems, with the latter expected to make up almost half of the year’s revenue. This growth, driven by global investments in alternative telecom technologies and a shift towards more resilient and greener energy solutions, positions Clear Blue for an even stronger performance in 2024.
For further insights into TSE:CBLU stock, check out TipRanks’ Stock Analysis page.
