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Dec 31, 2024
ClearSign Q4 2024 Earnings Report
ClearSign posted modest Q4 results with a narrowed net loss and strong momentum from burner shipments.
Key Takeaways
ClearSign closed Q4 with $590K in revenue and a reduced net loss of $1.16M, supported by burner sales and expanding market collaborations.
Reported $590K in Q4 revenue, driven by burner shipments
Expanded collaboration with Zeeco through a co-branded burner line
Installed ClearSign Eye sensors at a Gulf Coast supermajor refinery
Maintained strong cash position with $14M in cash and equivalents
Forward Guidance
ClearSign expects to grow its proposal pipeline in 2025, boosted by new product offerings and deeper industry partnerships.
Positive Outlook
- Growing collaboration with Zeeco
- Hydrogen-ready burner product line launched
- Ongoing installations at major U.S. refinery sites
- Healthy pipeline of engineering and burner orders
- Robust cash reserves to fund operations
Challenges Ahead
- Continued operating losses
- No Q4 YoY revenue comparison disclosed
- Geographic revenue detail not broken out for Q4
- R&D and G&A expenses remain elevated
- Uncertainty around timing of large project completions
Historical Earnings Impact
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Avg. Return Before/After Earnings
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