Energy Focus (EFOI) Tops Q1 EPS by 3c, Revenues Beat; Offers 2Q Revenue Guidance Above Consensus

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Go back to Energy Focus (EFOI) Tops Q1 EPS by 3c, Revenues Beat; Offers 2Q Revenue Guidance Above Consensus

Energy Focus, Inc. Reports 19.1% Year-over-Year Revenue Increase for First Quarter 2020

May 13, 2020 8:30 AM EDT

Net Sales of $3.8 Million, Above Guidance and Up 7.1% Sequentially

Conference Call to be Held Today at 11AM ET

SOLON, Ohio, May 13, 2020 (GLOBE NEWSWIRE) --  Energy Focus, Inc. (NASDAQ: EFOI), a leader in sustainable LED lighting technologies, today announced financial results for the first quarter ended March 31, 2020.

First Quarter 2020 Highlights:

Net sales of $3.8 million, up 19.1% compared to the first quarter of 2019 and up 7.1% sequentially from the fourth quarter of 2019Net loss of $541 thousand compared to a net loss of... More