For its fourth quarter, management guided for revenue between $72 million and $74 million, below the current consensus analyst forecast for revenue of $74.7 million during the period. Company Description: Control4 is a leading automation system for homes and.
In addition, CFO Mark Novakovich pointed to the company's expanding net margin and positive cash flow generation, saying these trends "put us in a good position to continue to maintain our leadership in the professionally installed whole-home automation market." Now whatīut when it came to Control4's outlook, the company disappointed investors. customers purchasing Business Information Report. "We are pleased with our performance in the past quarters and are continuing our focus to drive growth and execute on our strategies to be the preferred choice for home automation," CEO Martin Plaehn said during the third-quarter earnings call. Single-Room Control4 Controller This system would include a single EA-1 controller, as well as a Control4 remote and charging station to control your home theater system and audio systems, and would likely cost around 1,500 without installation. This was up from $0.35 in the year-ago quarter and slightly ahead of a consensus analyst forecast for $0.36. Revenue rose 11% year over year to $71.59 million, barely beating a consensus forecast for $71.55 million. Control4 posted non- GAAP earnings per share of $0.38.
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