Revolution Lighting (RVLT) Tops Q1 Expectations

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New Products, Growing Distributor Base Remain Key for Revolution Lighting (RVLT) - Roth Capital

May 12, 2015 10:23 AM EDT

Roth Capital maintains its Buy rating and $3 price target on Revolution Lighting Technologies (Nasdaq: RVLT) following Q1 results.

Analyst Craig Irwin noted that Q1 revenue and EPS of $20.3 million and ($0.01) topped the firm's expectations by $0.3 million and $0.01 per share, respectively. The analyst also sees RVLT management... More