Energy Focus (EFOI) Misses Q3 EPS by 15c, Revenues Miss
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Energy Focus, Inc. Reports Third Quarter 2020 Financial Results
November 12, 2020 8:30 AM ESTStrong Growth in Sales to Military and Maritime Customers Offsets Pandemic-Related Softness in the Commercial Business; New Products Expected to Benefit 2021 Sales Growth
SOLON, Ohio--(BUSINESS WIRE)-- Energy Focus, Inc. (NASDAQ: EFOI), a leader in sustainable and human-centric lighting technologies, today announced financial results for its third quarter ended September 30, 2020.
Third Quarter 2020 and Subsequent Business Highlights:
Net sales of $6.0 million, up 104.6% compared to the third quarter of 2019 and up 78.8% sequentially from the second quarter of 2020, reflecting increased... More