Energy Focus, Inc. (EFOI) Reports Q2 Loss of $0.08/Share
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August 13, 2014 4:10 PM EDT
SOLON, Ohio, Aug. 13, 2014 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (Nasdaq: EFOI), a leader in LED lighting technologies, today announced financial results for the second quarter ended June 30, 2014. Results for the pool products business, which was sold in November 2013, have been reclassified as discontinued operations. Net sales and gross margins presented for the 2013 periods exclude the discontinued operations.
Net sales were $6.7 million for the second quarter of 2014, compared to $5.7 million for the second quarter of 2013 from continuing operations, an 18.5% increase year over year, and a 36.2% sequential increase from the first quarter of 2014. Excluding...
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August 11, 2014 4:15 PM EDT
SOLON, Ohio, Aug. 11, 2014 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (the "Company") (Nasdaq: EFOI) today announced the closing of its previously announced public offering of 1,351,250 shares of its common stock at a public offering price of $4.50 per share, which includes the additional 176,250 shares of common stock that the underwriters elected to purchase pursuant to their overallotment option.
The Company's common stock began trading on The NASDAQ Capital Market on August 7, 2014 under the symbol EFOI.
Roth Capital Partners acted as sole book-running manager for the... More
