|Bid||0.5800 x 2900|
|Ask||0.5887 x 1000|
|Day's Range||0.5751 - 0.6100|
|52 Week Range||0.5500 - 4.9000|
|Beta (3Y Monthly)||0.14|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 12, 2017 - May 15, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.00|
Energy Source, a division of Revolution Lighting Technologies (RVLT), today announced that it has recently completed an LED retrofit project for Brandeis University, a private university in Waltham, MA. The LED retrofit took place at the university’s 65,000 square foot Carl and Ruth Shapiro Campus Center, home to study spaces, a theater, libraries, a café, lounges, a bookstore, and student life offices. The retrofit of Brandeis University is a continuation of Energy Source’s work as a program contractor within the Eversource Commercial & Industrial (C&I) retrofit program.
Revolution Lighting Technologies, Inc. (RVLT) (“Revolution Lighting” or the “Company”), a global provider of advanced LED lighting solutions announced today that on November 14, 2018, the Transaction Committee of the Board of Directors of the Company received a revised proposal from RVL I LLC, an affiliate of the Company’s Chairman and CEO, Robert V. LaPenta, to acquire all of the outstanding common stock of the Company. The Transaction Committee is in the process of considering the proposal with assistance from its advisors and will have no comment until its evaluation is complete.
Royce & Associates, the firm lead by renowned value investor Chuck Royce (Trades, Portfolio), disclosed it trimmed two holdings on Oct. 31. Warning! GuruFocus has detected 5 Warning Signs with GPN. According to GuruFocus real-time picks, the investment firm reduced its holdings of Bassett Furniture Industries Inc. (BSET) and Revolution Lighting Technologies Inc. (RVLT).
STAMFORD, Conn., Oct. 19, 2018 -- Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) (“Revolution Lighting” or the “Company”), a global provider of advanced LED lighting.
This morning, Revolution Lighting (RVLT) announced management’s plan to take itself private by purchasing the remaining outstanding stock it does not own at $2 per share. In addition, it announced that it had missed its revenue guidance of $40 million to $45 million for the third quarter ending September 30 and expects to report revenues of $33 million. Due to this shortfall and lowered expectations for Q4 it now expects 2018 annual revenues to be between $140 million and $145 million.
Revolution Lighting Technologies, Inc. (RVLT) (“Revolution Lighting”), a global provider of advanced LED lighting solutions, today provided an update to its preliminary third quarter and full year 2018 results. While the company has been successful in winning a number of important projects, it continues to experience delays in starting and or shipping against these projects particularly at our multifamily and Tri-State divisions. As a result, we expect revenue of approximately $33 million for the third quarter versus prior third quarter guidance of $40-$41 million. Due to the decline in expected third quarter revenue and our current outlook for the fourth quarter, total revenue for the full year 2018 is expected to approximate $140-$145 million versus our previous full year guidance of $160-$170 million.
Revolution Lighting Technologies (RVLT) missed its revenue guidance by reporting Q2 revenues of $36.4 million versus $43.4 million a year ago, down 16%. In Q2 2018, the company had a gross margin of 32.3%, slightly down from 32.8% a year ago on reduced sales. The company expects cash flow and collections to improve in the second of the year when it should begin to pay down some borrowings.
On a per-share basis, the Stamford, Connecticut-based company said it had a loss of 10 cents. Losses, adjusted for costs related to mergers and acquisitions and stock option expense, were 4 cents per share. ...
NEW YORK, NY / ACCESSWIRE / August 2, 2018 / Revolution Lighting Technologies, Inc. (NASDAQ: RVLT ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 2, 2018 at 11:00 ...
Revolution Lighting Technologies Inc’s (NASDAQ:RVLT): Revolution Lighting Technologies, Inc. designs, manufactures, markets, and sells light-emitting diode (LED) lighting solutions focusing on the industrial, commercial, and government markets in the UnitedRead More...
While some sales did slip from Q4 into Q1, restructuring right sized the company’s costs and profitability also improved. To quote the CEO “we finally got our act together.” The company showed continued success penetrating the government and military markets shipping its first large order to the Navy. Increasing sales to this market could not only provide upside to estimates, sales here also lead to margin improvement.
The Stamford, Connecticut-based company said it had a loss of 10 cents per share. Losses, adjusted for stock option expense and costs related to mergers and acquisitions, came to 6 cents per share. The ...