Control4 (CTRL) Tops Q3 EPS by 5c

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Imperial Capital Raises Price Target on Control4 (CTRL) Following 3Q Report

November 7, 2016 7:00 AM EST

Imperial Capital reiterated an In-Line rating on Control4 Corporation (NASDAQ: CTRL), and raised the price target to $12.00 (from $11.00), following the company's 3Q earnings report. Revenue was reported at $55.2mn, ahead of $53.7mn estimates. Diluted EPS of $0.26 also beat estimates of $0.22.

Analyst Jeff Kessler commented,... More