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C-Bond Systems Inc - CBNT STOCK NEWS

Welcome to our dedicated news page for C-Bond Systems (Ticker: CBNT), a resource for investors and traders seeking the latest updates and insights on C-Bond Systems.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect C-Bond Systems's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of C-Bond Systems's position in the market.

Rhea-AI Summary
C-Bond Systems' Patriot Glass Solutions receives a $185,000 purchase order from Boerne ISD in Texas for installing C-Bond Security Window Film Technology. The company's products offer forced-entry resistant security film and ballistic-resistant film systems, ensuring enhanced safety. The installation is expected to start soon, contributing to the protection of students and staff in schools and compliance with safety standards.
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C-Bond Systems, Inc. has engaged Cervitude Intelligent Relations to enhance its investor awareness efforts. C-Bond specializes in glass strengthening solutions and nanotechnology applications for safety and sustainability. The partnership aims to improve transparency and engagement with shareholders and potential investors.
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-5.26%
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Rhea-AI Summary
C-Bond Systems (CBNT) reports record annual revenue of $2.49 million and net income of $1.89 million for the year ended December 31, 2023. The company improved net income by $7 million year over year, partly due to the sale of the C-Bond nanoShield patent and related business for $4.1 million. Operating expenses decreased by approximately $1.2 million. The company repaid over $2 million of debt in 2023. C-Bond expects to report first quarter 2024 revenue of over $1 million. The CEO, Scott R. Silverman, highlighted the record year in terms of revenue, reduced expenses, and achieving net income positivity for the first time.
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-4.65%
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Rhea-AI Summary
C-Bond Systems (CBNT) will release its financial results for 2023 on April 2, 2024, expecting revenues of over $1 million for the first quarter of 2024. A conference call will be held on April 3, 2024, to discuss the results in detail.
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C-Bond Systems' subsidiary, Patriot Glass Solutions, secures a purchase order to install C-Bond BRS at CPS Energy's headquarters, adding to their previous successful installation of C-Bond Secure. The total value of the projects exceeds $100,000, showcasing customer satisfaction and product quality.
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Rhea-AI Sentiment
End-of-Day
2.38%
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Rhea-AI Summary
C-Bond Systems (CBNT) anticipates reporting over $1 million in revenue for Q1 2024, a first in its history. The company is installing its window film system in large projects, driving revenue growth.
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6.82%
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Rhea-AI Summary
C-Bond Systems' Patriot Glass Solutions, operating as A1 Glass Coating in San Antonio, wins South Central Architectural Film Dealer of the Year. The subsidiary offers innovative safety solutions like C-Bond BRS and C-Bond Secure, providing ballistic and forced entry resistance.
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3.92%
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Rhea-AI Summary
C-Bond Systems (CBNT) subsidiary, Patriot Glass Solutions, receives eight purchase orders from Texas school districts to install ballistic-resistant and forced entry-resistant systems, adding to the $3.4 million backlog. The company's products are certified to meet strict ballistic-resistant protection standards and offer enhanced safety measures for schools and other properties.
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6.52%
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C-Bond Systems (CBNT) anticipates continued growth in the commercial and educational sectors as it sees increased demand for its bullet-resistant and forced entry-resistant film systems, with a backlog of over $3.3 million heading into 2024. The company is broadening its marketing efforts outside of Texas and expects substantial revenue growth in 2024 and beyond. The global bulletproof glass market is projected to grow to $14.90 billion by 2029, at a CAGR of 10.6%.
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-2.08%
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Rhea-AI Summary
C-Bond Systems (CBNT) Announces $3.3 Million Backlog for Patriot Glass Solutions in 2024
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10.2%
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C-Bond Systems Inc

OTC:CBNT

CBNT Rankings

CBNT Stock Data

2.04M
398.01M
27.95%
0.01%
Paint and Coating Manufacturing
Manufacturing
Link
US
Houston

About CBNT

c-bond systems, inc. owns, develops, manufactures, and sells patented c-bond technology in the united sates. its products include c-bond nanoshield, a patented nanotechnology windshield glass strengthening and hydrophobic all-in-one performance system to enhance windshield safety and performance; c-bond i, a patented non-toxic water-based nanotechnology solution to enhance glasses and properties of window film-to-glass products; and c-bond brs, a patented nanotechnology ballistic resistant film system that enhances the structural integrity of glass. the company serves primarily to glass industry. c-bond systems, inc. was founded in 2013 and is headquartered in houston, texas.