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United Kingdom

Adesto technologies reports third quarter 2017 financial results


Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Adesto Technologies Corp :Adesto Technologies reports third quarter 2017 financial results.Q3 non-GAAP earnings per share $0.02.Q3 GAAP loss per share $0.05.Q3 revenue $15.2 million versus I/B/E/S view $14.5 million.Sees Q4 2017 revenue $15.8 million to $16.2 million.Sees Q4 2017 revenue up about 30 percent.Q3 earnings per share view $-0.01 -- Thomson Reuters I/B/E/S.Adesto Technologies Corp - ‍for Q4 of 2017, company expects revenue to range between $15.8 million and $16.2 million​.Adesto Technologies Corp - ‍gross margin is expected to be between 47% and 50% for Q4 2017​.