California Nanotechnologies Corp. provided earnings guidance for the ended August 31, 2023. The company's revenues of approximately USD 675,000 are expected for the second quarter ended August 31, 2023.

This is expected to represent another quarterly revenue record and a 148% increase over second quarter 2023 revenues of USD 271,969. The Company preliminary estimated net income of approximately USD 175,000 compared to a net loss of USD 26,496 for the same period last year.