Energy Focus (EFOI) Tops Q2 EPS by 22c

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Go back to Energy Focus (EFOI) Tops Q2 EPS by 22c

Energy Focus, Inc. Reports Second Quarter 2015 Results

August 5, 2015 8:15 AM EDT

SOLON, Ohio, Aug. 5, 2015 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (NASDAQ: EFOI), a leader in LED lighting technologies, today announced financial results for the second quarter ended June 30, 2015.

Financial Highlights:

Record net sales of $16.6 million represents 148.1 percent in year-over-year growth and 26.4 percent sequential growth from the first quarter of 2015 Gross margin of 45.9 percent represents 13.4 percentage points of improvement year-over-year, and is 4.8 percentage points higher than the first quarter of 2015 Operating income of $3.1 million represents a $3.6 million year-over-year increase from an operating loss of $562 thousand in the second... More

Energy Focus, Inc. Reports Second Quarter 2015 Results

August 5, 2015 8:15 AM EDT

SOLON, Ohio, Aug. 5, 2015 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (NASDAQ: EFOI), a leader in LED lighting technologies, today announced financial results for the second quarter ended June 30, 2015.

Financial Highlights:

Record net sales of $16.6 million represents 148.1 percent in year-over-year growth and 26.4 percent sequential growth from the first quarter of 2015 Gross margin of 45.9 percent represents 13.4 percentage points of improvement year-over-year, and is 4.8 percentage points higher than the first quarter of 2015 Operating income of $3.1 million represents a $3.6 million year-over-year increase from an operating loss of $562 thousand in the second... More