Control4 Posts Small Loss
Control4 late last week announced a quarterly loss of $0.5 million, on revenue of $31.9 million.
"This quarter we continued to execute our strategy and make meaningful progress toward our business model goals," Martin Plaehn, chairman and chief executive officer of Control4, said as part of the announcement.
"We are increasing our presence and coverage in North America, Europe, and Asia; and we are seeing positive results from those investments. We are confident that Control4 is uniquely positioned to continue innovating and driving adoption of our home automation solutions."
Control4 became a public company in August of 2013.