Key Developments: Echelon Corp (ELON.O)

ELON.O on Nasdaq

1.68USD
26 Dec 2014
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Latest Key Developments (Source: Significant Developments)

Echelon gives Q4 2014 guidance below analysts' estimates
Thursday, 6 Nov 2014 04:09pm EST 

Echelon Corp:Expects Q4 2014 revenue to be $8.75 million to $9.75 million.Expects Q4 2014 Non-GAAP loss per share to be between $0.04 to $0.08.Expects Q4 2014 GAAP loss per share is expected to be between $0.06 to $0.10.Q4 2014 revenue of $14 mln and EPS of $(0.09) - Thomson Reuters I/B/E/S.  Full Article

Echelon Corp completes sale of grid division
Wednesday, 1 Oct 2014 09:00am EDT 

Echelon Corp:Completes the sale of its grid operations to S&T AG, a publicly traded European IT systems provider with an existing focus on smart energy products and services.The transaction closed on Sept. 30, 2014, with cash proceeds from the sale of about $4.9 million.  Full Article

Echelon signs definitive agreement with S&T AG to purchase its grid operations
Friday, 22 Aug 2014 03:50am EDT 

Echelon Corp:Signs definitive agreement to sell its Grid operations to S&T AG.Closing is conditioned upon regulatory approvals.Companies expect the deal to close by the end of the year.Under the terms of the agreement, Echelon will receive about $5 mln in upfront consideration.  Full Article

Echelon Corp acquires Lumewave Inc
Tuesday, 19 Aug 2014 08:00am EDT 

Echelon Corp:Acquires Lumewave Inc., a wireless outdoor lighting control system provider with a strong track record selling its solution to U.S. municipalities, universities, medical facilities and enterprises.Terms of the transaction were not disclosed.  Full Article

Echelon Corp gives Q3 2014 revenue guidance below analysts' estimates
Wednesday, 6 Aug 2014 04:05pm EDT 

Echelon Corp:Expects Q3 2014 total revenues to be $13.5 mln to $15.0 mln, with about 65 pct. coming from the IIoT.Q3 2014 revenue of $17.6 mln - Thomson Reuters I/B/E/S.  Full Article

Echelon Corp gives Q2 2014 guidance; revenue guidance below analysts' estimates - Conference Call
Thursday, 8 May 2014 05:00pm EDT 

Echelon Corp:Expects Q2 2014 total revenue in the range of $15 million to $16.5 million.Estimates non-GAAP earnings per share for Q2 2014, excluding stock compensation and other items, to be a loss of between $0.09 and $0.13 per share.Including about $1 million or $0.02 a share in stock-based compensation expense, expects Q2 2014 GAAP loss per share to be between $0.11 and $0.15.Q2 2014 revenue of $17.8 million, EPS of ($0.11) -Thomson Reuters I/B/E/S.  Full Article

Echelon signs distribution agreement with Digi-Key to expand availability of key industrial internet of things components
Monday, 5 May 2014 09:00am EDT 

Echelon Corp:Signs distribution agreement with Digi-Key to expand availability of key industrial internet of things (IIoT) components.Digi-Key will distribute worldwide, except Japan, Echelon's portfolio of products_including chips, modules, routers and software_for the IIoT market.  Full Article

Echelon Corp gives Q1 2014 earnings outlook; revenue outlook below analysts' estimates
Thursday, 6 Feb 2014 04:00pm EST 

Echelon Corp:Sees Q1 2014 total revenues to be between $16.0-$18.0 mln.Sees Q1 2014 Non-GAAP loss per share to range from $0.08 to $0.13.Sees Q1 2014 GAAP loss per share to be between $0.10 to $0.15.Q1 2014 revenue of $19.0 mln, EPS of ($0.10) -Thomson Reuters I/B/E/S.  Full Article

Echelon Corp Issues Q4 2013 Guidance; Revenue Guidance Below Analysts' Estimates
Thursday, 7 Nov 2013 04:00pm EST 

Echelon Corp announced that for the fourth quarter of 2013, it expects total revenues to be between $16.5 million to $18.5 million, with systems revenues accounting for 30% and sub-systems revenues accounting for 70%. Non-GAAP loss per share amounts are expected to range from $0.07 to $0.12. GAAP loss per share is expected to be between $0.09 to $0.14. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $20.6 million and EPS of ($0.11) for the fourth quarter of 2013.  Full Article

Echelon Corp Issues Q3 2013 Guidance
Thursday, 8 Aug 2013 04:01pm EDT 

Echelon Corp announced that for the third quarter of 2013, it expects total revenues to be between $16.0 million and $19.0 million, Non-GAAP loss per share amounts to range from $0.04 to $0.10 and GAAP loss per share to be between $0.06 and $0.12.  Full Article

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