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Bullboard - Stock Discussion Forum Cyberlux Corp CYBL

Cyberlux Corporation is engaged in developing, manufacturing and marketing long-term portable lighting products for commercial and industrial users. It supplies its products to the Department of Defense. The Company has four business units, including Unmanned Aircraft Solutions (UAS); Defense Software Solutions (DSS); Infrastructure Technology Solutions (ITS), and Advanced Lighting Solutions... see more

PINL:CYBL - Post Discussion

Cyberlux Corp > Cyberlux Corporation (OTC:CYBL) Exceeds its January Revenue
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Post by AveragePenny on Feb 10, 2022 1:41pm

Cyberlux Corporation (OTC:CYBL) Exceeds its January Revenue

"Dear CYBL Community, we are exceptionally excited by our January revenue performance which exceeded our plan of $1.5 million by almost 30% and puts us ahead of the internal goals that achieve our 2022 revenue outlook of $45 million. In a typical year, we generally see Cyberlux revenue build through the year from Q2 to Q4, with Q1 being minimal contribution. With the acquisition strategy we're executing, the old rules are drastically changing with month-to-month revenue growth from all our business units. With the addition of the Kreatx team, the DAS team, Igor Stanisavljev as GM of our new Digital Platform Solutions business unit and Chris Damvakaris as our Chief Revenue Officer, we have fully launched the next phase of the Cyberlux company, as we build a global enterprise and capture our share of the $1 trillion global markets we are addressing. For the sixth consecutive month, we have exceeded our expected revenue performance and we are delighted to see the growth we had from December to January. Over the last six months, we have ramped from less than $1 million to almost $10 million in revenue and set the pace to build the $2 billion Cyberlux company valuation over the next several years. As the CYBL community understands, we are just getting started!

https://www.accesswire.com/688116/cyberlux-corporation-otc-cybl-exceeds-its-january-revenue-plan-by-28-to-drive-the-companys-key-accomplishments-for-the-month-of-january-2022
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