Form 8-K CONTROL4 CORP For: Jul 31
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Cowen Trims PT on Control4 (CTRL) to $24; Home Automation Segment Still Largely Underpenetrated
August 1, 2014 9:27 AM EDTCowen and Company lowers its price target on Control4 (Nasdaq: CTRL) from $27 to $24 and maintains an Outperform rating on the stock following Q2 results.
Analyst Robert Stone noted that Control4's Q2 revenue of $36.7 million saw growth hampered by the Canadian segment. The analyst noted, Gross margin (GM) rose 80 b.p. Q/Q to 51.8% (vs. St. 50.7%), on overhead absorption,... More
Control4 (CTRL) Tops Q2 EPS by 2c
July 31, 2014 5:07 PM EDTControl4 (NASDAQ: CTRL) reported Q2 EPS of $0.13, $0.02 better than the analyst estimate of $0.11. Revenue for the quarter came in at $36.7 million versus the consensus estimate of $37.47 million.
For earnings history and earnings-related data on Control4 (CTRL) click here.
... More