Welcome to our dedicated page for CDTi Advanced Materials news (Ticker: $CDTI), a resource for investors and traders seeking the latest updates and insights on CDTi Advanced Materials stock.
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 CDTi Advanced Materials'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 CDTi Advanced Materials's position in the market.
CDTi Advanced Materials, Inc., a leader in advanced catalyst technology, reported its financial results for the year ended December 31, 2023. The company focused on clean energy solutions, strengthening collaborations, and expanding product offerings. Despite lower revenue in the fuel borne catalyst segment, CDTi remains optimistic about long-term growth. The company signed agreements, completed engineering orders, and expanded into new markets, positioning itself for further growth. Financially, total revenue was $8.6 million, with a 35% gross margin. Operating income was $115 thousand, with $1.3 million in cash on hand at the end of 2023.