Control4 (CTRL) Tops Q3 EPS by 2c

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Go back to Control4 (CTRL) Tops Q3 EPS by 2c

Control4 Reports Record Revenues for Third Quarter 2018

November 1, 2018 4:05 PM EDT

Continued Growth in Connected-Home Opportunities and New Products

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, 2018.

Revenue for the third quarter of 2018 was $71.6 million, compared to revenue of $64.6 million for the third quarter of 2017, representing quarterly year-over-year growth of 11%.

Net Income on a GAAP basis for the third quarter of 2018 was $5.7 million, or $0.21 per diluted share, compared to Net Income in the third quarter of 2017 of $5.0 million, or... More