Control4 (CTRL) Tops Q1 EPS by 5c

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Go back to Control4 (CTRL) Tops Q1 EPS by 5c

Control4 Announces Financial Results for First Quarter 2016

May 5, 2016 4:07 PM EDT

Operational Investments in 2015 deliver 24% organic year-over-year Revenue growth in Q1;
Pakedge acquisition brings total Q1 year-over-year growth to 34%

SALT LAKE CITY--(BUSINESS WIRE)-- Control4 Corporation (NASDAQ: CTRL), a leading global provider of smart-home solutions, today announced financial results for its first quarter ended March 31, 2016.

Revenue for the quarter was $43.0 million, compared to revenue of $32.1 million for the first quarter of 2015, representing year-over-year growth for the quarter of 34%. Revenue for the quarter included sales during February and March of $3.2 million from recently-acquired Pakedge Device & Software Inc., which... More