Echelon (ELON) Tops Q1 EPS by 4c, Offers Q2 Guidance

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Go back to Echelon (ELON) Tops Q1 EPS by 4c, Offers Q2 Guidance

Echelon Reports First Quarter 2015 Results

May 11, 2015 4:06 PM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Echelon Corporation (NASDAQ: ELON) today announced financial results for the first quarter ended March 31, 2015.

Q1 Revenues: $9.9 million Q1 GAAP Net Loss: $1.4 million; GAAP Net Loss per Share: $0.03 Q1 Non-GAAP Net Loss: $1.3 million; Non-GAAP Net Loss per Share: $0.03

Revenues, which consist of IIoT revenues only, were $9.9 million in the first quarter, up from $9.6 million in the previous quarter, and down from $10.9 million a year ago, including $788,000... More