Stamford’s Revolution Lighting has bright 4th quarter, fiscal 2016

By Kevin Zimmerman

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Revolution Lighting Technologies Inc., based in Stamford, posted fourth-quarter 2016 revenues of $51.2 million, a 15 percent increase over fourth-quarter 2015’s results, as well as revenues of $172.1 million for fiscal 2016, a year-over-year improvement of 33 percent.

For the year, the company reported that its loss narrowed to $500,000, or 3 cents per share. For the current quarter ending in April, Revolution Lighting said it expects revenue in the range of $30 million and full-year revenue in the range of $195 million to $205 million.

The company designs, manufactures, markets and sells energy-efficient LED lighting solutions.

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