Press Releases Financial

  • October 9, 2014
    SAN JOSE, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ:ELON), the open-interoperable control networking pioneer for the Industrial Internet of Things will announce results for the third quarter ended September 30, 2014, on Thursday, November 6, 2014, after market close. The Company will hold a conference call for investors and analysts on November 6, 2014, at 4:30 p.m. Eastern Time. The Company will discuss its results, the recent sale of the grid businessmore...
  • October 1, 2014
    SAN JOSE, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ:ELON), the open-interoperable control networking pioneer for the Industrial Internet of Things (IIoT), today announced the completion of the sale of its grid operations to S&T AG, a publicly traded European IT systems provider with an existing focus on smart energy products and services. The transaction closed on September 30, 2014, with cash proceeds from the sale of approximately $4.9 million. After fees,more...
  • August 21, 2014
    SAN JOSE, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ:ELON), the open-interoperable control networking pioneer for the Industrial Internet of Things (IIoT), today announced that it has signed a definitive agreement to sell its Grid operations to S&T AG, a publicly traded European IT systems provider with an existing focus on smart energy products and services. The closing is conditioned upon regulatory approvals. The companies expect the deal to close by the end ofmore...
  • August 6, 2014
    SAN JOSE, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ: ELON) today announced financial results for the second quarter ended June 30, 2014 and a key strategic decision. Q2 Revenues: $15.0 million Q2 GAAP Net Loss: $8.6 million; GAAP Net Loss per Share: $0.20 Q2 Non-GAAP Net Loss: $4.2 million; Non-GAAP Net Loss per Share: $0.10 ”We have made the strategic decision to focus substantially all of themore...
  • July 17, 2014
    SAN JOSE, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ: ELON), the world’s leading control networking platform provider, will announce results for the second quarter ended June 30, 2014, on Wednesday, August 6, 2014, after market close. The company will also hold a conference call for investors and analysts on August 6, 2014, at 5:00 p.m. Eastern Time. Interested parties can listen to the call via live webcast on the Investor Relations section of the Echelonmore...

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