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Cyberlux Corporation (OTC:CYBL) Exceeds its January Revenue Plan by 28% to Drive the Company’s Key Accomplishments for the Month of January 2022
Cyberlux Corporation (OTC:CYBL) Exceeds its January Revenue Plan by 28% to Drive the Company’s Key Accomplishments for the Month of January 2022.
About this update from Cyberlux Corp.
[{"type":"text","content":"The Company exceeded its January Revenue Plan by 28 percent and saw 13 percent Month-to-Month Revenue Growth as one of many Key Milestones achieved during January 2022RESEARCH TRIANGLE PARK, NC / ACCESSWIRE / February 9, 2022 / Today, Cyberlux Corporation, (OTC:CYBL), an advanced digital technology platform company leading the digital transformation evolution across industries with breakthrough Platform-as-a-Service (PaaS) and Software-as-a-Service solutions, advanced unmanned aircraft systems (UAS), cutting-edge lighting solutions, and renewable energy and infrastructure technology solutions, announced that the Company exceeded its January Revenue Plan of $1.5 million by 28 percent, delivering $1.9 million in revenue for the month. The Company also realized a 13 percent increase in January revenue over December's record revenue. For the first time in Company history, the January revenue results mark the sixth consecutive month of sustained revenue growth. In addition, the Company expects this revenue growth trend to continue to achieve the 2022 revenue outlook of $44.8 million and drive a substantial positive net income from Operations for the full year 2022.Cyberlux Corporation CEO Mark Schmidt stated:"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 t...