Crown Electrokinetics to Report Fourth Quarter and Stub Period (nine months ended December 31, 2021) Financial Results on March 30, 2022

Rhea-AI Summary

Crown Electrokinetics Corp. (NASDAQ: CRKN) announced it will report its Fourth Quarter and Stub Period financial results on March 30, 2022, before market open. The report covers the nine months ending December 31, 2021 as part of transitioning to a new fiscal year starting 2022. A conference call will follow at 11:00 a.m. ET, featuring remarks from CEO Doug Croxall and CFO Joel Krutz. The company specializes in smart glass technology with a focus on sustainability, offering products that can transform glass surfaces quickly. A replay of the call will be available until April 13, 2022.

Positive

• Transitioning to a calendar fiscal year may enhance reporting transparency.
• Crown's smart glass technology promotes sustainability and has a robust patent portfolio.

Negative

• None.

Los Angeles, California, March 18, 2022 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) ("Crown" or the "Company"),  a leading smart glass technology company, announced today that it will report its Financial Results for the Fourth Quarter and Stub Period (nine months ended December 31, 2021), before the market open on Wednesday, March 30, 2022.

The Company’s Board of Directors previously approved a change in the Company’s fiscal year to a calendar year beginning on January 1 and ending on December 31, effective for the fiscal year beginning January 1, 2022. To ease the transition to the new fiscal year, the Company will be reporting results for the fourth quarter and an abbreviated fiscal year for the nine months ended December 31, 2021 (the “Stub Period”).

The Company will host a conference call and audio webcast that morning at 11:00 a.m. Eastern Time featuring remarks by Doug Croxall, Chairman & CEO and Joel Krutz, CFO.

Event:	Crown Electrokinetics Fourth Quarter and Stub Period (nine months ended December 31, 2021) Earnings Conference Call
Date:	Wednesday, March 30, 2022
Time:	11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time
Live Call:	+ 1-877-451-6152 (U.S. Toll Free) or +1-201-389-0879 (International)
Webcast:	https://viavid.webcasts.com/starthere.jsp?ei=1533110&tp_key=e6bfa2f897

For interested individuals unable to join the conference call, a replay will be available through April 13, 2022, at +1-844-512-2921 (U.S. Toll Free) or +1-412-317-6671 (International). Participants must use the following code to access the replay of the call: 13727498. An archived version of the webcast will also be available on Crown’s Investor Relations site: https://ir.crownek.com/.

About Crown Electrokinetics
Crown is a smart glass technology company and the creator of DynamicTint™- We Make Your Glass Smarter™. Originally invented by Hewlett-Packard (HP, Inc.), our technology allows any glass surface to transition between clear and dark in seconds. With applications to a wide array of windows, including commercial buildings, automotive sunroofs, and residential skylights, we partner with leading glass and film manufacturers for mass production and distribution. At the core of our technology is a thin film that is powered by electrically charged pigment which not only replaces common window tints but is also a more sustainable alternative to traditional window treatments. With its unique ability to be retrofitted to existing glass, DynamicTint™ offers myriad benefits related to reducing carbon emissions. The company is supported by a robust patent portfolio.

Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Crown Electrokinetic Corporation undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

This press release does not constitute a public offer of any securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. 

Crown Electrokinetics
IR Email: info@crownek.com
Source: Crown Electrokinetics: www.crownek.com 

FAQ

When will Crown Electrokinetics report its financial results for Q4 2021?

Crown Electrokinetics will report its financial results for the Fourth Quarter and Stub Period on March 30, 2022.

What is the significance of the Stub Period in Crown Electrokinetics' report?

The Stub Period refers to the nine months ending December 31, 2021, as part of the transition to a new fiscal year.

What time is the Crown Electrokinetics earnings conference call?

The earnings conference call is scheduled for 11:00 a.m. Eastern Time on March 30, 2022.

How can investors access the replay of the earnings call?

Investors can access the replay until April 13, 2022, using the numbers provided in the press release.

What technology does Crown Electrokinetics specialize in?

Crown Electrokinetics specializes in smart glass technology, including the DynamicTint™ product, which allows glass surfaces to transition between clear and dark.