Control4 (CTRL) Tops Q1 EPS by 7c

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Go back to Control4 (CTRL) Tops Q1 EPS by 7c

Control4 Reports Solid Financial Performance for Q1 2018

May 3, 2018 4:05 PM EDT

Operational Execution and Continued Growth in Connected-Home Opportunities Drive Solid 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 first quarter ended March 31, 2018.

Revenue for the first quarter of 2018 was $59.1 million, compared to revenue of $50.2 million for the first quarter of 2017, representing quarterly year-over-year growth of 18%.

Net Income for the first quarter of 2018 was $1.0 million, or $0.04 per diluted share, compared to Net Income in the first quarter of 2017 of $0.8 million, or $0.03 per diluted share.... More