ClearSign Technologies Provides Q1 Operational & Financial Updates

ClearSign Technologies Corporation CLIR provides updates on first-quarter 2025 results and operations prior to hosting its investors' call. 

ClearSign Technologies’s Q1 Financial Performance

As per its latest SEC 10-Q filed on May 15, the company posted revenues of $0.4 million in the first quarter of 2025, down from $1.1 million in the first quarter of 2024. The cost of sales in the quarter was $0.21 million, down 69.2% year-over-year. The gross profit in the quarter fell 55.1% year-over-year to $0.19 million. 

In the first quarter, the company reported a loss of 4 cents missing the Zacks Consensus Estimate of loss of 3 cents. CLIR posted a loss of 3 cents in the year ago quarter. 

At the end of March 31, 2025, the company had cash and cash equivalents of $12.8 million.

CLIR’s Q1 Product Launches

In the first quarter of 2025, ClearSign Technologies introduced its  new ClearSign Core M Series Process   burner technology that achieved ultra-low nitrogen oxide emissions and improved heat transfer efficiency. CLIR installed the burner into a U.S. Gulf Coast facility of a global chemical company in partnership with its channel partner, Tulsa Midstream Heater.

This was followed by another order for the ClearSign Core M1 burner from Devco Process Heaters for a gas processing facility in Colorado.

ClearSign Technologies extended its partnership with Zeeco, a combustion solutions leader, to launch Zeeco CS5 and Zeeco Hydrogen CS5 Burners. These burners, featuring ClearSign Core technology, can run on 100% natural gas and 100% hydrogen. They maintain ultra-low nitrogen oxide emissions and will be jointly marketed and sold globally.

ClearSign Technologies’ Orders & Installations in Q1

During the quarter, the company secured an engineering order for a reduced emissions flare burner for an energy company in California. This marks the second order from the company this year, reflecting a growing interest in this product line.

The company announced that it would install four ClearSign Eye sensors on each burner of a multi-burner process heater at a major U.S. Gulf Coast refinery. The installation is expected in the second quarter of 2025.

CLIR Stock’s Price Performance

ClearSign Technologies shares have lost 6.7% in the past year compared with the industry’s decline of 3.3%.

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ClearSign Technologies  Zacks Rank & Stocks to Consider

ClearSign Technologies currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks from the Industrial Products sector are Life360, Inc. LIF, IHI Corporation IHICY and Federal Signal Corporation FSS. LIF and IHICY sport a Zacks Rank #1 (Strong Buy), and FSS has a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here.

Life360 delivered an average trailing four-quarter earnings surprise of 415%. The Zacks Consensus Estimate for LIF’s 2025 earnings is pinned at 24 cents per share, which indicates a year-over-year upsurge of 500%. Life360’s shares have soared 125% in a year.

The Zacks Consensus Estimate for IHI Corp’s 2025 earnings is pegged at $1.26 per share, implying a year-over-year increase of 3.8%. IHI Corp’s shares have skyrocketed 272% in a year.

Federal Signal delivered an average trailing four-quarter earnings surprise of 6.4%. The Zacks Consensus Estimate for FSS’s 2025 earnings is pinned at $3.83 per share, which indicates year-over-year growth of 14.6%. The company’s shares have gained 10% in a year.

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This article originally published on Zacks Investment Research (zacks.com).

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