Control4 (CTRL) Tops Q2 EPS by 5c; Raises Outlook

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Control4 Announces Financial Results for Second Quarter 2016

August 4, 2016 4:09 PM EDT

Operational and Strategic Investments Continue to Drive Growth and Momentum, Delivering Record Revenue of $53.2 Million in Q2

SALT LAKE CITY--(BUSINESS WIRE)-- Control4 Corporation (NASDAQ: CTRL), a leading global provider of smart-home solutions, today announced financial results for its second quarter ended June 30, 2016.

Revenue for the second quarter was $53.2 million, compared to revenue of $44.6 million for the second quarter of 2015, representing year-over-year growth of 19%. Total revenue for the first half of 2016 grew 25% year-over-year, from $76.7 million to $96.3 million, or 14% after excluding revenue from recently-acquired Pakedge Device & Software... More