Revolution Lighting (RVLT) Prelim. Q4 Results Flat with Expectations

Revolution Lighting (NASDAQ: RVLT) announced preliminary financial highlights for the fourth quarter ended December 31, 2014 in advance of its participation in the 27th Annual Roth Conference to be held the week of March 9, 2015. A full release of the company’s financial performance will be provided with the company’s filing of its Form 10-K on March 16, 2015.

Results for the fourth quarter of 2014 were in line with expectations. Sales for the fourth quarter of 2014 were $27.5 million resulting in positive cash flow from operations and positive Adjusted EBITDA of $1.0 million. Sales for the fourth quarter of 2013 were $7.1 million with negative Adjusted EBITDA of $2.4 million. Sales for the current quarter reflect a yearly run rate of approximately $110 million.

The previous guidance for 2015 is reiterated: Sales approximating $125 million with Adjusted EBITDA margins approximating 10-12 percent.

You May Also Be Interested In

• Gildan Activewear (GIL) preliminary Q1 sales top consensus
• FSD Pharma Inc. (HUGE) Provides Update on its Investment in Celly Nutrition Corp
• Orgenesis (ORGS) Issues Year End Business Update