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Last $0.56 USD
Change Today +0.018 / 3.32%
Volume 59.0K
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

echelon corp (ELON) Snapshot

Open
$0.54
Previous Close
$0.54
Day High
$0.57
Day Low
$0.54
52 Week High
09/15/14 - $2.74
52 Week Low
08/6/15 - $0.48
Market Cap
24.7M
Average Volume 10 Days
69.2K
EPS TTM
$-0.23
Shares Outstanding
44.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ECHELON CORP (ELON)

echelon corp (ELON) Related Businessweek News

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echelon corp (ELON) Details

Echelon Corporation develops and markets energy control networking platforms. Its products enable everyday devices, including air conditioners, appliances, electricity meters, light switches, thermostats, and valves to be inter-connected. The company’s building automation product portfolio include twisted-pair smart transceivers that can be embedded into building automation devices; embedded control and communications software; wired and wireless evaluation kits; SmartServer controller, a system manager and field controller for building networks and smart-energy applications; LonWorks control network software (LNS) and OpenLNS operating system development and integration tools that allows building owners to change service providers; and third party energy management or analytics software and applications. Its outdoor lighting product portfolio comprise power-line smart transceivers to embed into outdoor light ballasts, drivers, and generators; outdoor lighting controllers; motion sensors to turn outdoor lighting fixtures on and off based on motion; Smartserver controllers and gateways for connecting outdoor lighting segments to a service center; PL/RF Bridge to connect segments of outdoor lights to a SmartServer; wireless and Ethernet gateways to access network for setup functions, administration, and communications in the system; and management software and third-party system software to manage outdoor lighting network. It operates in the Americas; Europe, the Middle East, and Africa; and the Asia Pacific and Japan. The company markets its products and services to original equipment manufacturers and systems integrators in the building, industrial, transportation, utility/home, and other automation markets through direct sales organization, third-party electronics representatives, value-added resellers, and distributors. Echelon Corporation was founded in 1988 and is headquartered in San Jose, California.

106 Employees
Last Reported Date: 03/12/15
Founded in 1988

echelon corp (ELON) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $400.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $370.0K
Compensation as of Fiscal Year 2014.

echelon corp (ELON) Key Developments

Echelon and APANET Green System Join Forces to Install 7,200 Open System-Based Networked LED Streetlights in Bydgoszcz, Poland

Echelon Corporation and APANET Green System were awarded a comprehensive smart lighting and energy reduction project for the city streetlights of Bydgoszcz, Poland. The eco-friendly retrofit will outfit 7,200 streetlights spread across approximately 400 streets utilizing a sophisticated multivendor networked lighting control solution. The project will utilize the Apanet Smart Lighting Controllers, powered by Echelon communications, and the Lumewave by Echelon smart server solution to deliver unrealized value for lighting installation including enhancing safety, reducing maintenance and energy costs as well as improving asset utilization. ENERGA Oswietlenie Ltd. is managing the system installation to be completed by the end of August 2015.

Echelon Exploring Strategic Alternatives

Echelon Corporation (NasdaqGS:ELON) remain focused on executing strategic and operational initiatives that benefit customers and partners. Echelon has not set a definitive timetable for completing its evaluation. The Board of Director's is exploring strategic alternatives. But there is no assurance will result in the entering or consummation of any transaction. Echelon does not intend to discuss or disclose developments with respect to this process.

Echelon Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter of 2015

Echelon Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenues of $9,363,000 against $8,981,000 a year ago. Loss from continuing operations was $4,516,000 against $2,817,000 a year ago. Loss from continuing operations before provision for income taxes was $5,102,000 against $3,166,000 a year ago. Net loss from continuing operations attributable to Echelon Corporation stockholders was $5,163,000 or $0.12 basic and diluted per share against $3,272,000 or $0.08 basic and diluted per share a year ago. Net loss attributable to Echelon Corporation stockholders was $5,163,000 or $0.12 basic and diluted per share against $8,612,000 or $0.20 basic and diluted per share a year ago. Non-GAAP net loss was $2,030,000 or $0.05 diluted per share against $3,131,000 or $0.07 diluted per share a year ago. For the six months, the company reported revenues of $19,231,000 against $19,905,000 a year ago. Loss from continuing operations was $6,513,000 against $5,125,000 a year ago. Loss from continuing operations before provision for income taxes was $6,513,000 against $5,751,000 a year ago. Net loss from continuing operations attributable to Echelon Corporation stockholders was $6,587,000 or $0.15 basic and diluted per share against $5,832,000 or $0.13 basic and diluted per share a year ago. Net loss attributable to Echelon Corporation stockholders was $6,587,000 or $0.15 basic and diluted per share against $12,585,000 or $0.29 basic and diluted per share a year ago. Non-GAAP net loss was $3,297,000 or $0.07 diluted per share against $5,006,000 or $0.12 diluted per share a year ago. Net cash used in operating activities was $4,219,000 against $4,688,000 a year ago. Capital expenditures were $16,000 against $400,000 a year ago. The company provided earnings guidance for the third quarter of 2015. For the quarter, the company’s total revenues are expected to be $9.5 million to $10.3 million, non-GAAP gross margin is expected to be in a range of 58% to 59% of revenue, operating expenses are expected to be in a range of $6.9 million to $7.2 million, non-GAAP loss per share is expected to be between $0.02 to $0.04, based on 44.1 million fully diluted weighted average shares outstanding and GAAP loss per share is expected to be between $0.03 to $0.05.

 

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ELON

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