Control4 (CTRL) Tops Q3 EPS by 9c; Guides In-Line

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Control4 Reports Financial Results for the Third Quarter of 2017

November 2, 2017 4:05 PM EDT

Revenue Growth and Operational Execution Drive Strong Financial Results

SALT LAKE CITY--(BUSINESS WIRE)-- Control4 Corporation (NASDAQ: CTRL), a leading global provider of smart-home and networking solutions, today announced financial results for its third quarter ended September 30, 2017.

Revenue for the third quarter of 2017 was a record $64.7 million, compared to revenue of $55.2 million for the third quarter of 2016, representing year-over-year growth of 17%.

GAAP net income for the third quarter of 2017 was $5.2 million, or $0.19 per diluted share, compared to GAAP net income in the third quarter of 2016 of $1.8 million, or... More