Control4 (CTRL) Tops Q4 EPS by 2c; Guides Q1 Revs Below the Street
Control4 (NASDAQ: CTRL) reported Q4 EPS of $0.21, $0.02 better than the analyst estimate of $0.19. Revenue for the quarter came in at $41.2 million versus the consensus estimate of $41.93 million.
Control4 sees Q1 2015 revenue of $32-35 million, versus the consensus of $38.03 million.
“Our continued growth reflects the proliferation of smart home devices and the increasing awareness of the benefits of home automation,” said Martin Plaehn, chairman and chief executive officer of Control4. “With more consumer-electronics manufacturing partners integrating Control4’s Simple Device Discovery Protocol into their products to make them automation-ready, we’re making progress in expanding our ecosystem. We are also advancing our solutions for existing homes and new construction through strategic relationships we have formed with homebuilders and our large and growing dealer network.”
For earnings history and earnings-related data on Control4 (CTRL) click here.