Energy Focus (EFOI) Tops Q4 EPS by 1c, Revenues Miss

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Go back to Energy Focus (EFOI) Tops Q4 EPS by 1c, Revenues Miss

Energy Focus, Inc. Reports Fourth Quarter and Fiscal Year 2020 Financial Results

March 25, 2021 8:00 AM EDT

Conference Call to be Held Today at 11 am ET

SOLON, Ohio--(BUSINESS WIRE)-- Energy Focus, Inc. (NASDAQ: EFOI), a leader in sustainable and human-centric lighting (HCL) technologies, and who recently announced development of a range of UV-C disinfection (UVCD) products, today announced financial results for its fourth quarter and fiscal year ended December 31, 2020.

Full Year 2020 and Subsequent Business Highlights

Net sales of $16.8 million, up 32.5% from 2019 Gross profit margin of 30.8%, up from 15.5% last year; gross profit more than doubled to $5.2 million from $2.0 million Loss from... More