Revolution Lighting (RVLT) Tops Q4 EPS by 6c
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Revolution Lighting Technologies Reports Fourth Quarter and Full Year 2016 Financial Results
March 9, 2017 7:37 AM ESTSTAMFORD, CT -- (Marketwired) -- 03/09/17 -- Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) ("Revolution Lighting"), a leading provider of advanced LED lighting solutions, today announced financial results for the fourth quarter (Q4) and full year (FY) ended December 31, 2016.
-- Revenues of $51.2 million for Q4 2016, an increase of 15% over Q4 2015 -- Gross margin of 34% with Adjusted EBITDA of $5.2 million -- GAAP net income of $1.6 million or $0.08 per share -- Non-GAAP net income (excluding acquisition related costs and stock- based compensation) of $3.0 million or $0.14 per share -- Revenues of $172.1 million for FY 2016, an increase of 33% over FY 2015... More