Energy Focus Q2 2023 Earnings Report

Energy Focus EPS Results

• Actual EPS: -$0.42
• Consensus EPS: -$0.49
• Beat/Miss: Beat by +$0.07
• One Year Ago EPS: N/A

Energy Focus Revenue Results

• Actual Revenue: $1.06 million
• Expected Revenue: $1.25 million
• Beat/Miss: Missed by -$190.00 thousand
• YoY Revenue Growth: N/A

Energy Focus Announcement Details

• Quarter: Q2 2023
• Date: 8/10/2023
• Time: N/A

Energy Focus (NASDAQ:EFOI), together with its subsidiaries, designs, develops, manufactures, markets, and sells energy-efficient lighting systems, and controls and ultraviolet-C light disinfection products in the United States and internationally. It offers military maritime market light-emitting diode (LED) lighting products, such as Military-grade Intellitube retrofit TLED and the Invisitube ultra-low EMI TLED; and Military-grade fixtures, including LED globe lights, berth lights; high-bay fixtures and LED retrofit kits to serve the United States navy and allied foreign navies. The company also provides RedCap emergency battery backup TLEDs; EnFocus lighting platform, including dimming and color tuning; and LED retrofit solutions for linear fluorescent lamps, downlights, and retrofit kits for low-bay, high-bay and office applications; LED dock lights. It sells its products to military maritime, industrial, and commercial markets through direct sales employees, independent sales representatives, lighting agents, and distributors, as well as via e-commerce. The company was formerly known as Fiberstars, Inc. and changed its name to Energy Focus, Inc. in May 2007. Energy Focus, Inc. was founded in 1985 and is headquartered in Solon, Ohio.