Revolution Lighting Technologies Reports Second Quarter 2018 Financial Results
REVOLUTION LIGHTING (RVLT)
Last revolution lighting earnings: 8/2 07:30 am
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
STAMFORD, Conn., Aug. 02, 2018 (GLOBE NEWSWIRE) -- Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) ("Revolution Lighting"), a leading provider of advanced LED lighting solutions, today announced financial results for the second quarter (Q2) ended June 30, 2018. Revenues of $36.5 millionGross margin of 32%Adjusted EBITDA of $1.7 millionNon-GAAP net loss (excluding acquisition related costs and stock-based compensation) of $0.9 million or $(0.04) per share "I am extremely pleased with the progress over the past several quarters in right sizing our company, improving our operational processes and strengthening our sales and marketing resources. In addition, we continue to balance our portfolio of products and solutions to meet and exceed the needs of our expanding customer base,” said Robert V. LaPenta, Chairman, CEO and President of Revolution Lighting Technologies. “While we were below our expectations regarding our second quarter results, we remain excited about the second h
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