Echelon Corporation (NASDAQ:ELON) released its earnings results on Thursday. The technology company reported ($0.19) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.23) by $0.04, Bloomberg Earnings reports. Echelon Corporation had a negative net margin of 14.96% and a negative return on equity of 18.23%. The firm had revenue of $7.82 million during the quarter.

Echelon Corporation (ELON) traded up $0.03 during mid-day trading on Friday, hitting $4.77. 46,269 shares of the stock traded hands, compared to its average volume of 9,113.

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About Echelon Corporation

Echelon Corporation develops open-standard control networking platforms and delivers elements necessary to design, install, monitor and control communities of devices. The Company’s products enable everyday devices, such as air conditioners, outdoor lighting, appliances, electricity meters, light switches, thermostats and valves to be inter-connected and be part of the Industrial Internet of Things (IIoT) market.

Earnings History for Echelon Corporation (NASDAQ:ELON)

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