Echelon (ELON) Tops Q3 EPS by 4c
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Echelon Reports Third Quarter 2015 Results
November 5, 2015 4:07 PM ESTSAN JOSE, Calif.--(BUSINESS WIRE)-- Echelon Corporation (NASDAQ: ELON) today announced financial results for the third quarter ended September 30, 2015.
Q3 Revenues: $10.0 million Q3 GAAP Net Loss: $1.0 million; GAAP Net Loss per Share: $0.02 Q3 Non-GAAP Net Loss: $891,000; Non-GAAP Net Loss per Share: $0.02Revenues were $10.0 million in the third quarter, up from $9.4 million in the previous quarter, and up from $9.2 million a year ago.
GAAP gross margin in the third quarter was 56.2% compared with... More
