ClearStar, Inc. reported unaudited consolidated earnings results for the six months ended June 30, 2017. For the period, the company reported revenue growth with total revenues increasing by 12% to $8.9 million compared with $8.0 million for the six months ended 30 June 2016. Loss from operations was $974,000 against $1,002,000 a year ago. Net loss before taxes was $980,000 against $1,011,000 a year ago. Net loss was $1,031,000 against $1,011,000 a year ago. Net cash used for operating activities was $323,000 against $110,000 a year ago. Acquisition of property and equipment proceeds from disposition of property and equipment was $15,000 against $23,000 a year ago. Adjusted EBITDA for first half of 2017 improved by $43,000 to a $165,000 loss, compared with $208,000 loss for the prior year.
 

The company expects the momentum of the first half of the year has continued into the second half of 2017. The company has a stronger client base and is now poised to deliver meaningful revenue from the significant contracts won over the last six months following substantial progress in the on-boarding process. The company is experiencing growing demand for its technologically-differentiated solutions, particularly for medical information services. Additionally, in the direct services market, the company is receiving increased business from large corporates due to greater brand awareness resulting from investment in its sales & marketing efforts. Consequently, the Board remains confident of delivering good revenue growth for full year 2017, in line with market expectations.