Control4
Corporation (CTRL) is a technology company that provides home
automation solutions for residential and commercial properties. The
company's products and services are designed to simplify and
streamline the management of home and building systems, including
lighting, climate control, entertainment systems, security systems,
and more.
Control4's platform integrates with over 14,000
third-party products and services, allowing customers to control their
entire home or building from a single device or application. The
company's customers include homeowners, builders, and businesses
around the world.
Control4 was founded in 2003 and is
headquartered in Salt Lake City, Utah. As of my knowledge cutoff of
September 2021, the company was performing well financially, with
strong revenue and earnings growth in recent years. The company's
revenue for the fiscal year 2020 was $283.8 million, representing an
increase of 6.3% compared to the previous year. Net income for the
same period was $15.7 million, an improvement from a net loss of $11.3
million in the previous year.
Control4 has a market
capitalization of approximately $1.6 billion as of my knowledge cutoff
of September 2021, and its stock is listed on the NASDAQ stock
exchange under the ticker symbol CTRL.
The home automation
industry is subject to various risks, including changes in consumer
demand, technological disruption, and competition from other
companies. However, Control4's focus on providing integrated and
customizable solutions, as well as its strong financial performance,
should position it well for continued success in
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