A North Carolina-based tech firm just announced that the company exceeded its January Revenue Plan of $1.5 million by 28%, delivering $1.9 million in revenue for the month, according to the release. Shares of Cyberlux Corporation (OTCPK:CYBL) rallied on the news.
Cyberlux is an advanced lighting technology company. It designs, develops and sells advanced lighting systems that utilize white, infrared (IR) and other light-emitting diodes (LEDs) as illumination elements. It serves Department of Defense (DoD), Commercial channels and Design Services customers.
Traders were bullish on the news as shares popped up to $0.0133/share (+19.82%) at the session high. This move was a breath of fresh air for long-term shareholders that have been riding the multi-month downtrend.
