Energy Focus (EFOI) Reports Q4 Loss of $0.50/sh

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Go back to Energy Focus (EFOI) Reports Q4 Loss of $0.50/sh

Energy Focus, Inc. Reports Fourth Quarter and Fiscal Year 2021 Financial Results

March 17, 2022 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, energy-efficient lighting and controls systems and ultraviolet-c light disinfection (UVCD) products for the commercial, military maritime and consumer markets, today announced financial results for its fourth quarter and fiscal year ended December 31, 2021.

Full-Year 2021 and Subsequent Business Highlights

Net sales of $9.9 million, down 41.4% from 2020, reflecting continued fluctuations in timing of military orders and government funding availability, ongoing COVID-19 related business challenges for its... More