UPDATE: Revolution Lighting (RVLT) Tops Q3 EPS by 5c, Beats on Revenues; Lowers Q4 Revenues Outlook, FY17 Revenues Outlook Below Consensus

Revolution Lighting (NASDAQ: RVLT) reported Q3 EPS of ($0.03), $0.05 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $43.1 million versus the consensus estimate of $42.34 million.

• Gross margin of 32%
• Non-GAAP net loss (excluding acquisition related costs and stock-based compensation) of $0.7 million or $0.03 per share

GUIDANCE:

Revolution Lighting sees Q4 2017 revenue of $47-50 million, versus the consensus of $63.84 million.

Revolution Lighting sees FY2017 EPS of ($0.14)-($0.12), versus the consensus of ($0.12). Revolution Lighting sees FY2017 revenue of $165-170 million, versus the consensus of $180 million.

For earnings history and earnings-related data on Revolution Lighting (RVLT) click here.

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