Echelon Corporation (ELON) Tops Q1 EPS by 6c; Guides Q2 Above

May 5, 2011 4:26 PM
Echelon Corporation (NASDAQ: ELON) reported Q1 EPS of ($0.15), $0.06 better than the analyst estimate of ($0.21). Revenue for the quarter came in at $28.4 million versus the consensus estimate of $28.31 million.

Sees Q2 2011 EPS of $0.00 - $0.02, versus the consensus of ($0.15). Also sees Q2 2011 revenue of $42-$44 million, versus the consensus of $32.94 million.


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