EXCLUSIVE: MUST CREDIT EDISONREPORT.
EdisonReport can confirm that Brian Daley, Senior Vice President of Sales and Marketing, is no longer with Revolution Lighting.
RVLT is a small, publicly traded company, based in Connecticut that mainly sells to the ESCO market. Their stock traded at $8.25 per share a year ago, today it is in the $3.33 range. We think this company is a perfect example of what happens when a company goes public too early. They have to focus on quarterly earnings and may not be able to truly invest for the long term. In March, the company took a $41M write-off.