Energy Focus (EFOI) Reports Q1 Loss of $0.44

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Go back to Energy Focus (EFOI) Reports Q1 Loss of $0.44

Energy Focus, Inc. Reports First Quarter 2022 Financial Results

May 12, 2022 8:00 AM EDT

Conference Call to be Held Today at 11 a.m. 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 first quarter ended March 31, 2022.

First Quarter 2022 Financial Highlights:

Net sales of $2.1 million, decreased 21.8% compared to the first quarter of 2021, reflecting a $0.8 million, or 46.2% decrease in military sales, offset slightly by a $0.2 million, or 24.2% increase in commercial... More