Clear Blue Technologies Reports Positive Net Income in Q2 2026

Earnings
โดย GuruFocus·CA·Read original
Summary · why it matters

Clear Blue Technologies International Inc reported positive net income for the second quarter of 2026, with revenue of $1 million, essentially flat with Q1 and down 12% year over year. Gross margin reached 53%, the strongest in two years, while adjusted EBITDA loss improved 78% to CAD 48,000. Bookings rose 19% to $1.8 million, driven by orders from Eutelsat and Inmarsat. The company guided to approximately $3 million in revenue for the second half of 2026, targeting about $5 million for the full year, a 53% increase over fiscal 2025. Management expects to finalize a three-year supply agreement with Eutelsat within weeks, with deliveries of 1,500 to 2,500 Pico Plus units planned for 2026.

Impact on stocks 2

Communication Services▲ · 1 stocks
Eutelsat Communications SA
ETL
▲ PositiveDemandrelevance

Clear Blue's bookings rose on Eutelsat orders and a three-year supply agreement with 1,500-2,500 Pico Plus units planned for 2026

Artificial Intelligence▲ · 1 stocks

Off-coverage companies 2

Clear Blue Technologies International IncPrivate▲ Positive
CapitalDemandrelevance

Reported positive Q2 2026 net income, 53% gross margin, and improved adjusted EBITDA loss

InmarsatPrivate▲ Positive
Demandrelevance

Clear Blue's bookings rose 19% driven by orders from Inmarsat

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