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Crown Electrokinetics Corp. (CRKN)
:CRKN
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 19, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-5.89Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 20, 2025
|% Change Since: -7.41%
|Next Earnings Date:Aug 19, 2025
Earnings Call Sentiment|Neutral
Crown's earnings call highlighted strong revenue growth and strategic expansion in key divisions, particularly Fiber Optics and Water Solutions. However, increased operating expenses and a growing net loss pose challenges. The company remains optimistic about future growth and profitability.Company Guidance
During Crown's Q3 2024 earnings call, the company reported record revenue of $8 million, a significant increase from the previous year, driven by new contracts in their Fiber Optics and Water Solutions divisions. The CEO, Douglas Croxall, emphasized the company's commitment to scaling and meeting their guidance, projecting Q4 revenue of $9 million and full-year 2024 revenue of $22 million. For 2025, Crown anticipates revenue between $30 million and $35 million, with plans to achieve profitability. The strategic growth strategy includes a three-phase rollout for their Smart Windows division and continued expansion in Fiber Optics and Water Solutions, with over $48 million in secured projects and an estimated $70 million in expected projects. Croxall also expressed confidence in their ability to address critical infrastructure needs and leverage opportunities in lead pipe remediation under the ongoing regulatory framework.Record Revenue Achievement
Crown reported record revenues of $8 million for Q3 2024, a significant increase from zero in the same period of 2023.
Strong Growth in Fiber Optics and Water Solutions
The growth in revenue was primarily driven by new contracts from Crown's Fiber Optics and Water Solutions divisions, including the new slant wells and Element 82 lead detection business.
Strategic Expansion in Water Solutions
Crown secured $48 million in anticipated projects and over $70 million in expected projects in the Water Solutions division, particularly with lead pipe inspection and remediation.
Future Growth and Profitability Outlook
Crown anticipates reaching profitability in 2025 with projected revenues between $30 million and $35 million for fiscal 2025.
CRKN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CRKN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 20, 2025 | $1.62 | $1.54 | -4.94% |
Apr 01, 2025 | $2.75 | $2.40 | -12.73% |
Nov 14, 2024 | $144.00 | $137.97 | -4.19% |
Aug 14, 2024 | $295.50 | $265.50 | -10.15% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Crown Electrokinetics Corp. (CRKN) report earnings?
Crown Electrokinetics Corp. (CRKN) is schdueled to report earning on Aug 19, 2025, TBA Not Confirmed.
What is Crown Electrokinetics Corp. (CRKN) earnings time?
Crown Electrokinetics Corp. (CRKN) earnings time is at Aug 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is CRKN EPS forecast?
Currently, no data Available