CLIR - Clearsign Technologies GAAP EPS of -$0.16 misses by $0.03 revenue of $0.37M misses by $4.27M

2023-04-06 16:09:15 ET

• Clearsign Technologies press release ( NASDAQ: CLIR ): FY GAAP EPS of -$0.16 misses by $0.03 .
• Revenue of $0.37M (-39.3% Y/Y) misses by $4.27M .
• Cash, cash equivalents and short-term investments were approximately $9.1 million as of December 31, 2022.
• There were 38,023,701 shares of the Company's common stock issued and outstanding as of December 31, 2022.
• "We are encouraged by our recent sales, and that we are getting products out into multiple industries which will provide references to support our ongoing sales efforts," said Jim Deller, Ph.D., Chief Executive Officer of ClearSign. "As we progress with the production installations of our twenty-burner for a California refinery, we continue to get positive industry feedback."

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