Clarocity Corporation announced earnings results for the second quarter and six months ended June 30, 2018. Total revenue was $2.6 million for the three months ended June 30, 2018, compared to $3.6 million for the same period in 2017. Net and comprehensive loss of $3.6 million for the three months ended June 30, 2018 compared to a net loss of $3.7 million for the same period in 2017.

Total revenue was $5.5 million for the six months ended June 30, 2018, compared to $6.9 million in 2017. Net and comprehensive loss of $7.3 million for the six months ended June 30, 2018, compared to a net loss of $6.2 million for the same period in 2017.

The company expects that the effort will produce meaningful revenue growth in third quarter 2018.