Revolution Lighting (RVLT) Lowers Q4 Revenue Guidance

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Revolution Lighting Technologies Provides Preliminary Fourth Quarter Update and Revises Full Year Guidance

December 27, 2017 4:17 PM EST

STAMFORD, CT -- (Marketwired) -- 12/27/17 -- Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) ("Revolution Lighting"), a global provider of advanced LED lighting solutions, today provided an update to its preliminary fourth quarter and full year 2017 results, including a recognition of a non-cash goodwill and intangible asset impairment/restructuring charge that we will record in 2017.

A slower recovery from the unprecedented weather conditions in Texas and the southeastern United States at our Value Lighting division coupled with a slip of a number of energy savings projects to the first quarter of 2018 has resulted in fourth quarter... More