- Whereas Revolution (RVLT) previously guided for 2H pro forma revenue of $17M, it now expects Q3 revenue of $5M-$6M and Q4 revenue of $10M; the company blames the timing of certain international orders. (PR)
- However, thanks in part to acquisitions (previous), full-year pro forma revenue is still expected to total $35M. Full-year organic revenue is expected to double Y/Y.
- At a recent Craig-Hallum conference, Revolution said it's targeting 50%+ organic revenue growth and 35% or greater gross margins for the 2014-2016 timeframe.
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