Tag Archives: ken oshman

Echelon (ELON) Reports Narrower Loss Than Expected, CEO Steps Down Due To Health Concern

Some good news and bad news out of Echelon (ELON) tonight.  The company reported a narrower loss than what Wall St expected, but the CEO announced he was stepping down to battle lung cancer but will remain on the Board as an adviser.  Well wishes to you Mr. Oshman. 

The company reported a non GAAP EPS loss of .11/share which was much better than the .24/share loss Wall St expected.  Revenues came in a bit … Read the rest