Control4 (CTRL) Misses Q1 EPS by 3c; Guides Q2 In-Line

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Go back to Control4 (CTRL) Misses Q1 EPS by 3c; Guides Q2 In-Line

Control4 Announces Financial Results for First Quarter 2015

April 30, 2015 4:05 PM EDT

SALT LAKE CITY--(BUSINESS WIRE)-- Control4 Corporation (NASDAQ: CTRL), a leading provider of automation and control solutions for the connected home, today announced financial results for its first quarter ended March 31, 2015.

Revenue for the first quarter of 2015 was $32.1 million, compared with revenue of $31.9 million for the first quarter of 2014, representing 1% year-over-year growth.

Net loss for the first quarter of 2015 was $4.2 million, or $0.17 per diluted share, compared to net loss of $0.5 million, or $0.02 per diluted share, in the first quarter of 2014.

Non-GAAP net loss for the first quarter of 2015 was $1.2 million, or... More