Control4 (CTRL) Tops Q2 EPS by 2c; Issues Q3 Outlook

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Go back to Control4 (CTRL) Tops Q2 EPS by 2c; Issues Q3 Outlook

Control4 Announces Financial Results for Second Quarter 2015

July 30, 2015 4:05 PM EDT

Record Revenue Quarter; 22% Year-over-Year Revenue Growth

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 second quarter ended June 30, 2015.

Revenue for the second quarter of 2015 was $44.6 million, compared to revenue of $36.7 million for the second quarter of 2014, representing a year-over-year growth rate of 22%. Revenue for the first half of 2015 grew 12% year-over-year, from $68.5 million to $76.7 million.

Net income for the second quarter of 2015 was $2.0 million, or $0.08 per diluted share,... More