Clearford Water Systems Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. Revenue for the quarter was $1,668,881 compared with $836,768 for the prior year's quarter and included the first full quarter of revenue relating to the Clearford Koester acquisition. The operating loss before net financing costs was $1,776,946 for the quarter compared with $642,102 for the prior year's quarter and included a $651,072 foreign exchange loss on the Company's US dollar denominated debt. Net loss for the quarter was $2,714,492 or $0.02 per share compared with $1,383,283 or $0.02 per share for the prior year's quarter.