NASDAQ$CLIR
ClearSign Technologies Corp · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
ClearSign's business advanced with new orders, product development, and customer engagement during Q2 2024.
ClearSign Technologies reported advancements in its business during the second quarter of 2024, including securing significant new orders, progressing with new product development, and increasing engagement with customers and industry stakeholders. The company's installation base grew, with orders from larger global collaborators. Strategic marketing initiatives included product demonstrations and unveiling emissions performance data. Additionally, ClearSign closed a public offering and concurrent private placement, resulting in gross proceeds of approximately $9.3 million and $4.3 million, respectively. Cash and cash equivalents were approximately $16 million as of June 30, 2024.
- Received initial engineering order for a 26 burner project at a Texas petrochemical facility.
- Secured order for the largest boiler burner sold to date, nearly twice the size of the previous largest.
- Closed public offering and concurrent private placement, generating approximately $13.6 million in gross proceeds.
- Announced successful start-up of second multi-burner heater at Kern Energy, with emissions levels below guarantee.
Headline financials
Revenue & EPS history
ClearSign · Revenue · Quarterly
$45K
Forward guidance
The company did not provide specific forward guidance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q2 2024
+0.9%
Avg return
Earnings day
-1.6%
Avg return
5 days after
+0.0%
Avg return
30 days after
42%
15 / 36 earnings
Positive
+29.3%
Q4 2022
Best reaction
-16.3%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -9.6% | — | — | |
| Q4 2025 | +0.0% | +0.8% | -17.6% | |
| Q3 2025 | +0.0% | -6.8% | -34.1% | |
| Q2 2025 | -8.2% | -11.5% | -11.5% | |
| Q1 2025 | -12.7% | -19.7% | -12.7% | |
| Q4 2024 | -16.3% | -31.5% | -19.2% | |
| Q3 2024 | +26.3% | +15.6% | +25.6% | |
| Q2 2024 | -1.9% | +6.9% | +22.2% | |
| Q1 2024 | +19.2% | +9.2% | -13.2% | |
| Q4 2023 | +2.8% | +0.0% | +13.9% | |
| Q3 2023 | -3.1% | -3.5% | +52.3% | |
| Q2 2023 | -8.1% | -11.7% | -1.8% | |
| Q1 2023 | +7.4% | +6.7% | +7.4% | |
| Q4 2022 | +29.3% | +12.2% | +20.7% | |
| Q3 2022 | +1.4% | -14.5% | -21.7% | |
| Q2 2022 | +4.0% | +7.1% | -7.1% | |
| Q1 2022 | +9.8% | +2.4% | +2.4% | |
| Q4 2021 | -9.1% | -19.4% | -15.2% | |
| Q3 2021 | +7.2% | -9.0% | -13.3% | |
| Q2 2021 | -5.0% | -6.2% | -25.5% | |
| Q1 2021 | +1.7% | +12.0% | +17.8% | |
| Q3 2020 | -0.4% | +15.0% | +22.3% | |
| Q2 2020 | -4.5% | -5.7% | -7.7% | |
| Q1 2020 | +5.3% | -14.0% | +49.1% | |
| Q3 2019 | -10.5% | -6.7% | -25.7% | |
| Q2 2019 | -2.6% | -7.7% | +4.3% | |
| Q1 2019 | +0.0% | -2.8% | -14.0% | |
| Q3 2018 | +7.4% | +17.0% | +3.7% | |
| Q2 2018 | -1.6% | +11.4% | -2.6% | |
| Q1 2018 | +2.9% | +13.1% | +18.9% | |
| Q3 2017 | +0.0% | -17.4% | +1.4% | |
| Q2 2017 | +0.0% | -8.8% | -5.9% | |
| Q1 2017 | -1.4% | +8.3% | +0.0% | |
| Q3 2016 | +4.8% | +6.0% | -11.9% | |
| Q3 2012 | -3.6% | — | — | |
| Q1 2012 | +3.1% | — | — | |
| Q4 2011 | — | — | — | |
| Q3 2011 | — | — | — | |
| Q2 2011 | — | — | — | |
| Q1 2011 | — | — | — | |
| Q4 2010 | — | — | — | |
| Q3 2010 | — | — | — |
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