Energy Focus (EFOI) Misses Q2 EPS by 9c

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Energy Focus, Inc. Reports Second Quarter 2022 Financial Results

August 11, 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 second quarter ended June 30, 2022.

Second Quarter 2022 Financial Highlights:

Net sales of $1.5 million, decreased 28.6% compared to the second quarter of 2021, reflecting a $0.5 million, or 49.3% decrease in military sales, as well as a decrease of $0.1 million, or 9.6% in... More