Energy Focus (EFOI) Narrows Q3 Loss

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Energy Focus, Inc. Reports Third Quarter 2014 Results

November 13, 2014 8:30 AM EST

Third Quarter Sales Growth of 63.5% With Continued Strong Gross Margins of 32.4%

Operating Income of $58 Thousand Excluding the Solutions Segment

SOLON, Ohio, Nov. 13, 2014 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (Nasdaq: EFOI), a leader in LED lighting technologies, today announced financial results for the third quarter ended September 30, 2014.

Third Quarter 2014 Financial Results

Net sales of $7.9 million, up 63.5% from the prior year, and 17.8% sequentially from the second quarter of 2014. Excluding R&D services sales that the company no longer pursues outside of those that... More