Energy Focus (EFOI) Tops Q1 EPS by 17c
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Energy Focus, Inc. Reports First Quarter 2015 Results
May 5, 2015 8:10 AM EDTSOLON, Ohio, May 5, 2015 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (Nasdaq: EFOI), a leader in LED lighting technologies, today announced financial results for its first quarter ended March 31, 2015.
First Quarter 2015 Highlights:
Net sales of $13.1 million increased 167% from the prior year's first quarter and 39% sequentially from the fourth quarter Gross margin of 41.1% represents a gain of 12.2 percentage points over the prior year's first quarter and a 7.1 percentage point improvement from the fourth quarter of 2014 Income from operations improved to $1.2 million compared to a loss from operations of... MoreEnergy Focus, Inc. Reports First Quarter 2015 Results
May 5, 2015 8:10 AM EDTSOLON, Ohio, May 5, 2015 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (Nasdaq: EFOI), a leader in LED lighting technologies, today announced financial results for its first quarter ended March 31, 2015.
First Quarter 2015 Highlights:
Net sales of $13.1 million increased 167% from the prior year's first quarter and 39% sequentially from the fourth quarter Gross margin of 41.1% represents a gain of 12.2 percentage points over the prior year's first quarter and a 7.1 percentage point improvement from the fourth quarter of 2014 Income from operations improved to $1.2 million compared to a loss from operations of... More