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Energy Focus (EFOI) Announces Rescheduling of Q3 Report, Conf. Call; Cites High Intellitube Failure Rate

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Energy Focus to Reschedule Q3 2016 Earnings Release and Conference Call; Reports Revenue within Guidance

November 3, 2016 9:10 AM EDT

SOLON, Ohio, Nov. 03, 2016 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (NASDAQ: EFOI), a leader in LED lighting technologies, today announced that it will reschedule its 2016 third quarter earnings release and conference call from Thursday, November 3, 2016, to Monday, November 14, 2016, which is the deadline for filing its Quarterly Report on Form 10-Q, in order to allow for more time in finalizing its quarterly financial results.

The Company is reviewing a recent development with a limited number of commercial end-users of the Companys Intellitube® product who have experienced a product failure rate of 0.57%, which is higher... More