Revolution Lighting +5.1% on new LED retrofit deal

|About: Revolution Lighting Technol... (RVLT)|By:, SA News Editor

Top NYC commercial property owner SL Green will use Revolution Lighting's (RVLT) Seesmart LED tube lamps at 9 office properties featuring 6.2M sq. feet of space.

The deal follows retrofits in 2012 and 2013 at 24 SL Green properties. The latest retrofit is expected to yield $370K/year in annual cost savings.

Revolution is bouncing after closing yesterday near its 52-week low of $2.01.