Crown reiterates third-quarter guidance, provides update on film division

LOS ANGELES, Sept. 17, 2024 (GLOBE NEWSWIRE) — Crown Electrokinetics Corp.NASDAQ:CRKN) (“Crown” or the “Company”), a leader in smart glass technology and an expert in fiber optic network deployment, today reiterated its third quarter outlook and provided an update on progress within its Film division.

Q3 2024 Guidelines
Crown remains on track to deliver third quarter revenue of $8 million, in line with previously issued guidance. This will represent a sequential revenue increase of approximately 70% as the company continues to grow, diversify and execute on its customer pipeline.