Echelon Corporation Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2018; Provides Earnings Guidance for the Second Quarter of 2018
For the second quarter of 2018, total revenues are expected to be in a range of $7.3 million to $7.7 million. Gross margin is expected to be in a range of 55% to 57%. GAAP loss per share is expected to be between $0.34 and $0.47. Excluding expected non-cash equity compensation charges of $0.11 per share, non-GAAP loss per share is expected to be between $0.23 and $0.36.