Echelon (ELON) Tops Q2 EPS by 2c

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Go back to Echelon (ELON) Tops Q2 EPS by 2c

Echelon Reports Second Quarter 2015 Results

August 6, 2015 4:06 PM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Echelon Corporation (NASDAQ: ELON) today announced financial results for the second quarter ended June 30, 2015.

Q2 Revenues: $9.4 million Q2 GAAP Net Loss: $5.2 million; GAAP Net Loss per Share: $0.12 Q2 Non-GAAP Net Loss: $2.0 million; Non-GAAP Net Loss per Share: $0.05

Revenues were $9.4 million in the second quarter, down from $9.9 million in the previous quarter, but up from $9.0 million a year ago.

GAAP gross margin in the second quarter was 59.2% compared with 57.9%... More