Echelon (ELON) Tops Q3 EPS by 4c

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Go back to Echelon (ELON) Tops Q3 EPS by 4c

Echelon Reports Third Quarter 2015 Results

November 5, 2015 4:07 PM EST

SAN JOSE, Calif.--(BUSINESS WIRE)-- Echelon Corporation (NASDAQ: ELON) today announced financial results for the third quarter ended September 30, 2015.

Q3 Revenues: $10.0 million Q3 GAAP Net Loss: $1.0 million; GAAP Net Loss per Share: $0.02 Q3 Non-GAAP Net Loss: $891,000; Non-GAAP Net Loss per Share: $0.02

Revenues were $10.0 million in the third quarter, up from $9.4 million in the previous quarter, and up from $9.2 million a year ago.

GAAP gross margin in the third quarter was 56.2% compared with... More