Adesto Technologies (IOTS) Tops Q4 EPS by 3c; Issues Light Q1 Revenue Outlook

Adesto Technologies (NASDAQ: IOTS) reported Q4 EPS of ($0.07), $0.03 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $11.8 million versus the consensus estimate of $11.83 million.

GUIDANCE:

Adesto Technologies sees Q1 2016 revenue of $11.8-12.00 million, versus the consensus of $12.1 million. Gross margin is expected to be between 43% and 45%, and operating expenses are expected to range between $8.0 million and $8.3 million.

For the full year, the Company expects revenue growth in excess of 30% based on its current design win pipeline and customer activity.

For earnings history and earnings-related data on Adesto Technologies (IOTS) click here.

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