Revolution Lighting +13.5% on guidance update


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.

From other sites
Comments (1)
  • joeg1969
    , contributor
    Comments (440) | Send Message
     
    3X & your out if there guidance doesnt meet.$RVLT Led lights about to lite up N.Y.C
    26 Jul 2014, 11:37 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs