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Clear Blue Technologies International, Inc. (TSE:CBLU)
:CBLU
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Earnings Data
Report Date
May 28, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 28, 2018
|% Change Since: 50.00%
|Next Earnings Date:Aug 29, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted strong growth in the telecom vertical and improvements in gross profit margins, driven by integration of new products and cost reductions. However, significant challenges were noted, including a substantial revenue decline in Q3, cash flow constraints, and high inventory levels. Additionally, financial uncertainties related to delayed payments and shifts in payment terms pose ongoing challenges.Company Guidance
During Clear Blue's Q3 2024 earnings call, the company provided guidance on addressing its financial challenges and strategic plans moving forward. The company reported a significant inventory of nearly $4 million on its balance sheet, contributing to a cash flow crunch. Clear Blue aims to become cash flow positive by reducing operational expenses, which included a one-third reduction in salaries and a $600,000 cut in annual software and cloud expenses. The company is also negotiating with stakeholders to convert some of its debt into equity, thereby improving its shareholder equity and reducing debt. Despite a challenging Q3 with revenue dropping by 84% to $369,297, Clear Blue projects a positive outlook for 2025, with plans to leverage a $1.3 million government grant and anticipated sales growth from new partnerships and product integrations. The company's gross margin for Q3 2024 stood at 46%, and they have adjusted their strategy to align shipments with payments, focusing on generating cash rather than just revenue.Telecom Vertical Revenue Growth
The telecom vertical revenue increased by 110% in the trailing four quarters, reaching $3.4 million compared to $1.6 million previously, driven by the integration of eSite hardware product.
Gross Profit Margin Improvement
The company maintained gross margins of over 40-45%, with Q3 2024 and trailing four-quarter margins at 46% due to a change in sales mix and increased revenue from the integrated eSite-Micro systems.
Operational Cost Reductions
The company reduced operating expenses by downsizing its workforce by one-third and restructuring cloud expenses, saving approximately $600,000 annually.
New Partnership with Satellite Vendor
Announced a new partnership with a satellite vendor, expected to integrate Pico with every satellite modem shipped to business customers, providing a significant growth opportunity.
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Clear Blue Technologies International, Inc. (TSE:CBLU) Earnings, Revenues Date & History
TSE:CBLU 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
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TSE:CBLU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 29, 2024 | C$0.02 | C$0.02 | 0.00% |
| Aug 26, 2024 | C$0.05 | C$0.06 | +20.00% |
| Jun 04, 2024 | C$0.06 | C$0.06 | 0.00% |
| May 29, 2024 | C$0.07 | C$0.07 | 0.00% |
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.
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FAQ
When does Clear Blue Technologies International, Inc. (TSE:CBLU) report earnings?
Clear Blue Technologies International, Inc. (TSE:CBLU) is schdueled to report earning on May 28, 2025, TBA Not Confirmed.
What is Clear Blue Technologies International, Inc. (TSE:CBLU) earnings time?
Clear Blue Technologies International, Inc. (TSE:CBLU) earnings time is at May 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:CBLU EPS forecast?
Currently, no data Available
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