California Nanotechnologies Reports Q2 Revenue Beat Amid Earnings Miss

California Nanotechnologies (TSXV:CNO) released its second-quarter financial results, reporting revenue of $0.96 million. This figure exceeded market expectations by $0.12 million. Despite the top-line beat, the company reported a GAAP earnings per share (EPS) of -$0.02, which missed analyst estimates by $0.01. The results highlight a discrepancy between stronger-than-expected sales and higher-than-anticipated operational costs or losses.

By Nivedita Hazra, SA News Editor · Seeking Alpha ·

California Nanotechnologies Reports Q2 Revenue Beat Amid Earnings Miss

Tickers: $CNO

Topics: earnings miss GAAP EPS revenue beat

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