Revolution Lighting +13.5% on guidance update

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

Revolution Lighting (RVLT) expects Q2 revenue of $17.5M, up from $5M in Q1 and $7.5M a year ago. The Q2 figure includes two months of sales from recently-acquired Value Lighting, which has been forecast to have 2014 sales of $55M.

Revolution's Q3 revenue is expected to to total $24M-$26M, and 2H revenue $55M-$60M.

The company previously guided for pro forma 2014 revenue (adjusts for acquisitions) of $110M. Full Q2 results will be issued in early August.