Echelon Corp. (ELON) to Release Earnings on Wednesday
Echelon Corp. (NASDAQ:ELON) is scheduled to be releasing its earnings data on Wednesday, August 6th. Echelon Corp. has set its Q2 guidance at ($0.13)-($0.09) EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.
Echelon Corp. (NASDAQ:ELON) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.07) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.12) by $0.05. The company had revenue of $17.79 million for the quarter, compared to the consensus estimate of $17.22 million. During the same quarter in the prior year, the company posted ($0.04) earnings per share. The company’s quarterly revenue was down 29.3% on a year-over-year basis. On average, analysts expect Echelon Corp. to post $-0.47 EPS for the current fiscal year and $-0.38 EPS for the next fiscal year.
Shares of Echelon Corp. (NASDAQ:ELON) opened at 2.22 on Tuesday. Echelon Corp. has a 52 week low of $1.99 and a 52 week high of $4.18. The stock’s 50-day moving average is $2.35 and its 200-day moving average is $2.73. The company’s market cap is $96.3 million.
Echelon Corporation (NASDAQ:ELON) develops, markets and supports an open standard, multi-application energy control networking platform.
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