Needham & Company Trims PT on Echelon (ELON) Post Q3, Keeps 'Buy'

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Echelon Corp (ELON) Tops Q3 EPS by 8c, Guides Q4 Above Street

November 1, 2012 4:21 PM EDT

Echelon Corp (NASDAQ: ELON) reported Q3 EPS of ($0.06), $0.08 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $29.1 million versus the consensus estimate of $28.24 million.

Echelon Corp sees Q4 EPS of $(0.07)-(0.12), versus the consensus of $(0.14). Echelon Corp sees... More