Energy Focus, Inc. Reports Second Quarter 2016 Results
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UPDATE: Oppenheimer Downgrades Energy Focus (EFOI) to Perform
August 12, 2016 8:06 AM EDT(Updated - August 12, 2016 9:25 AM EDT)
Oppenheimer downgraded Energy Focus (NASDAQ: EFOI) from Outperform to Perform and removed its price target (prior $12). The change follows disappointing Q2 results and guidance.
Analyst Colin Rusch said, "EFOI posted results below expectations as... More
UPDATE: Benchmark Downgrades Energy Focus (EFOI) to Hold
August 12, 2016 6:43 AM EDT(Updated - August 12, 2016 8:56 AM EDT)
Benchmark downgraded Energy Focus (NASDAQ: EFOI) from Buy to Hold with a price target of $6. Analyst Mark Miller noted disappointing Q2 results and guidance.
"While Energy Focus expects its military sales to stabilize at a... More
Energy Focus (EFOI) Misses Q2 EPS by 25c; Issues Light Q3 Sales Outlook
August 11, 2016 8:05 AM EDTEnergy Focus (NASDAQ: EFOI) reported Q2 EPS of ($0.34), $0.25 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $7.1 million versus the consensus estimate of $11.07 million.
GUIDANCE:
Energy Focus sees Q3 2016 revenue of $8-10 million, versus the... More
