Energy Focus (EFOI) Tops Q2 EPS by 5c

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Energy Focus, Inc. Reports Second Quarter 2017 Results

August 9, 2017 8:01 AM EDT

SOLON, Ohio, Aug. 09, 2017 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (NASDAQ: EFOI), a leader in LED lighting technologies, today announced financial results for the second quarter ended June 30, 2017.

Second Quarter 2017 Financial Summary

Net sales for the second quarter of 2017 of $6.0 million, consisting of $5.2 million in commercial and $0.8 million in military maritime sales, compared to $7.1 million, consisting of $3.3 million in commercial and $3.8 million in military maritime sales in the second quarter of 2016.Gross profit was $1.5 million or 25.0 percent of net sales for the second quarter compared to $2.5 million or 35.4... More