Press Releases Financial

  • January 19, 2018
    SANTA CLARA, Calif., Jan. 10, 2018 /PRNewswire/ -- Echelon Corporation (Nasdaq: ELON), a leading independent control networking company for the Industrial Internet of Things (IIoT), today reported certain equity inducement award grants to newly hired key employees, as required by NASDAQ Stock Market Rules.As an inducement to entering into employment with the Company, and in accordance with NASDAQ Listing Rule 5635(c)(4), on January 10, 2018, the Compensation Committee of themore...
  • November 2, 2017
     Santa Clara, Calif., Nov 2, 2017 – Echelon Corporation (NASDAQ: ELON) today announced financial results for the third quarter ended September 30, 2017. “After three sequential quarters of increased sales of our embedded Industrial Internet of Things (IIoT) products, we believe LonWorks customers are opting to extend the life of their existing network infrastructure, while collecting critical operational data and introducing additional connectivity technologies over time with minimalmore...
  • October 19, 2017
    SANTA CLARA, Calif., Oct. 19, 2017 /PRNewswire/ -- Echelon Corp., (NASDAQ: ELON), a leading independent control networking company for the Industrial Internet of Things (IIoT), will announce results for the third quarter ended September 30, 2017 on Thursday, November 2, 2017after market close.Supplying investors with timely updates and supplemental information remains a priority for Echelon. The Company has elected to report its quarterly earnings results andmore...
  • September 20, 2017
    SANTA CLARA, Calif., Sept. 15, 2017 /PRNewswire/ -- Echelon Corporation (NASDAQ: ELON), the original Industrial Internet of Things (IIoT) company, announced that Andy Lovit has been granted an inducement grant under NASDAQ listing rules.  Mr. Lovit joined the company as Senior Vice President of Worldwide Sales on September 11, 2017.Equity GrantsIn accordance with NASDAQ Stock Market Rules, Echelon Corporation today reported equity inducement awards granted tomore...
  • September 13, 2017
    SANTA CLARA, Calif.  September 13, 2017.  Echelon Corporation (NASDAQ:ELON), the original Industrial Internet of Things (IIoT) company, today announced the appointment of Andy Lovit as Senior Vice President of Worldwide Sales. Lovit brings more than 25 years of high technology sales and field operations management to the Echelon team. Andy will drive the Company’s sales efforts in both the lighting and the LonWorks-based embedded systems businesses.“We are pleased to havemore...

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