Echelon Corp (ELON) Tops Q4 EPS by 10c, Offers Strong Q1 Guidance

February 9, 2012 4:52 PM
Echelon Corp (NASDAQ: ELON) reported Q4 EPS of ($0.03), $0.10 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $40.5 million versus the consensus estimate of $40.06 million.

Echelon Corp sees Q1 2012 EPS of $-0.07-$-0.04, versus the consensus of $-0.12. Echelon Corp sees Q1 2012 revenue of $39-$41 million, versus the consensus of $37.79 million. Non-GAAP gross margin is expected to be approximately 40%.

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Earnings Guidance