Revolution Lighting Technologies, Inc. Announces Earnings Results for the First Quarter Ended March 31, 2017; Provides Earnings Guidance for the Second Quarter and Full Year 2017
The company provided earnings guidance for the second quarter and full year 2017. For the second quarter, company expected revenue to be in between $43 million to $45 million. Adjusted EBITDA to be about 8%.
For the full year, the company expected revenue to be in between $195 million to $205 million. Adjusted EBITDA expected to be 10%. Non-GAAP net income expected to be between $0.40 to $0.45. Free cash flow expected to be in between $15 million to $20 million.