New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 7, 2014
14:23 EDTRVLTRevolution Lighting signs distribution agreements for Europe, South America
Revolution Lighting Technologies announced it has signed master distribution agreements to expand the company’s international footprint and drive penetration in key European and South American markets. Andy Silverman, the founder of independent IT equipment distributor DataQ, will lead Revolution Lighting’s sales and distribution in key European markets, including Germany, Benelux, Scandinavia and Iceland. Manual Niikado, who previously served as commercial director for NEC Latin America, will lead Revolution Lighting’s South American business and will focus on increasing the company’s distribution and sales in key South American markets, including Argentina, Chile, Uruguay and Brazil. Revolution CFO Charlie Schafer said, “We see significant opportunity for our LED lighting solutions in these markets as governments enact legislation to increase energy efficiency by banning inefficient light bulbs...With our organic growth, our expansion into Europe and South America, and our recently announced acquisition of Value Lighting, we expect significant growth for Revolution Lighting in the second half of 2014 and beyond.”
News For RVLT From The Last 14 Days
Check below for free stories on RVLT the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 20, 2014
08:38 EDTRVLTRevolution Lighting enters loan, security agreement with BofA
Revolution Lighting (RVLT) announced that it has entered into a three year loan and security agreement with Bank of America (BAC). The agreement allows Revolution Lighting to borrow up to $25M on a revolving basis. Borrowings under the agreement are determined on specified percentages of eligible receivables and inventory, and bear interest either on the base rate plus specified margins or at LIBOR plus specified margins, at the election of Revolution Lighting. The loan provides Revolution Lighting with favorable interest rates with an initial interest rate of 3%. The agreement contains customary covenants and restrictions typical of these agreements.
August 7, 2014
08:32 EDTRVLTRevolution Lighting reports Q2 EPS 1c vs. (7c) a year ago
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use