Revolution Lighting (RVLT) Tops Q3 EPS by 1c; Lowers FY16 Revenue Outlook

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Go back to Revolution Lighting (RVLT) Tops Q3 EPS by 1c; Lowers FY16 Revenue Outlook

Revolution Lighting Technologies Reports Third Quarter 2016 Financial Results

November 9, 2016 7:37 AM EST

STAMFORD, CT -- (Marketwired) -- 11/09/16 -- Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) ("Revolution Lighting"), a leading provider of advanced LED lighting solutions, today announced financial results for the third quarter (Q3) ended September 30, 2016.

Revenues of $50.2 million for Q3 2016, an increase of 33% over Q3 2015
Gross margin of 32% with Adjusted EBITDA of $4.6 million
Q3 non-GAAP net income of $2.2 million or $0.11 per share.

"We are pleased with our third quarter 2016 operating and... More