Control4 Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, revenue was $64,742,000 against $55,185,000 a year ago. Income from operations was $5,074,000 against $2,170,000 a year ago. Income before income taxes was $5,278,000 against $2,093,000 a year ago. Net income was $5,185,000 against $1,777,000 a year ago. Diluted earnings per share were $0.19 against $0.07 a year ago. Non-GAAP income from operations was $9,453,000 against $6,514,000 a year ago. Non-GAAP net income was $9,564,000 or $0.35 per diluted share against $6,427,000 or $0.26 per diluted share a year ago.

For the nine months, revenue was $176,386,000 against $151,435,000 a year ago. Loss from operations was $7,073,000 against $356,000 a year ago. Income before income taxes was $7,480,000 against loss before tax of $645,000 a year ago. Net income was $9,921,000 against $8,940,000 a year ago. Diluted earnings per share were $0.38 against $0.37 a year ago. Net cash provided by operating activities was $15,446,000 against $5,633,000 a year ago. Purchases of property and equipment were $3,003,000 against $1,780,000 a year ago. Non-GAAP income from operations was $20,595,000 against $12,987,000 a year ago. Non-GAAP net income was $21,028,000 or $0.80 per diluted share against $12,881,000 or $0.53 per diluted share a year ago.

The company expects revenue in the fourth quarter of 2017 to be between $66.3 million and $68.3 million. The company expects non-GAAP net income for the fourth quarter of 2017 to be between $9.2 million and $10.2 million, or, based on an expected 27.3 million weighted average shares outstanding (diluted), between $0.33 and $0.37 per diluted share.

The company expects revenue for the full year 2017 to be between $242.5 million and $244.5 million, non-GAAP net income to be between $30.2 million and $31.2 million, or, based on an expected 27.3 million weighted average shares outstanding (diluted) in the fourth quarter, between $1.13 and $1.16 per diluted share.