07:15 AM EDT, 08/27/2024 (MT Newswires) -- Clear Blue Technologies International ( CBUTF ) overnight Monday said its second-quarter net loss narrowed by a third as revenue rose 35%.

The company, which creates and manages power products and services for lower cost off-grid and hybrid energy, said the net loss fell to $1.4 million from $2 million last year. The improvement is due to increased revenue, partially offset by increased operating costs, Clear Blue ( CBUTF ) said.

Revenue jumped to $1 million from $0.7 million, in the prior-year period.