Photon Control Inc. provided preliminary earnings guidance for the fourth quarter ended December 31, 2016. For the quarter, the company reported total revenue of approximately CAD 8.5 million, an increase of 47% from CAD 5.8 million in the fourth quarter of 2015. Gross margins of approximately 50.3% compared to 50.0% in the fourth quarter of 2015. Net income before taxes continued to be impacted partially by unique expenses, including legal and consulting expenses. Cash and cash equivalents of approximately CAD 32.5 million at December 31, 2016, an increase of 24% from CAD 26.2 million as at the end of the fourth quarter of 2015.