Clarocity Corporation Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2018; Provides Revenue Guidance Third Quarter 2018
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.