Echelon Expects to Break Even in 4Q
This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-10-23
The company forecast revenue of $47.3 million for the quarter, and an adjusted profit, excluding stock options costs, of 6 cents per share.
For the full year, Echelon expects a loss of 40 cents per share, an adjusted net loss of 23 cents per share and revenue of about $138 million.
The company also posted a smaller third-quarter loss as revenue grew 86 percent.
Shares fell 48 cents to $24.57 in morning trading.
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