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BRIEF-Lumenpulse posts Q3 adjusted earnings $0.16/shr

Published 2016-03-10, 07:02 a/m
© Reuters.  BRIEF-Lumenpulse posts Q3 adjusted earnings $0.16/shr
LMP
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March 10 (Reuters) - Lumenpulse Inc LMP.TO :
* Reports fiscal 2016 Q3 results
* Says total revenues of $35.5 million for Q3 fiscal 2016, an increase of 39%
over the same period last year
* Q3 adjusted earnings per share $0.16
* Qtrly earnings per share $0.06
* Says new revolving credit facility of $40 million to finance expanding
operations
* Says has acquired fluxwerx illumination inc for a total initial consideration
of $60 million
* Says the initial consideration paid by Lumenpulse consists of an upfront cash
payment of $36 million
* Deal consists of issuance of Lumenpulse shares for an amount of $20 million,
cash holdback of $4 million to be paid about 1 year after close
* Q3 earnings per share view C$0.11, revenue view C$38.1 million -- Thomson
Reuters I/B/E/S

* Source text for Eikon
* Further company coverage LMP.TO

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