Energy Focus, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 08:26 am EDT
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Energy Focus, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 2.074 million compared to USD 3.335 million a year ago. Operating loss was USD 2.242 million compared to USD 929,000 a year ago. Net loss was USD 2.473 million compared to USD 4.340 million a year ago. Basic loss per share from continuing operations was USD 0.59 compared to USD 1.36 a year ago. For the half year, sales was USD 4.711 million compared to USD 7.118 million a year ago. Operating loss was USD 4.541 million compared to USD 2.192 million a year ago. Net loss was USD 4.115 million compared to USD 4.881 million a year ago. Basic loss per share from continuing operations was USD 1.05 compared to USD 1.55 a year ago.
Energy Focus, Inc. provides sustainable, energy-efficient lighting and controls systems products for the commercial, military maritime and consumer markets. The Company's commercial products include RedCap emergency battery backup tubular LEDs (TLEDs); EnFocus powerline lighting control platform including dimming (DM) and color tuning (DCT); light-emitting diode (LED) retrofit solutions for existing luminaires, including replacement TLEDs for linear fluorescent lamps, downlights, and retrofit kits for low-bay, high-bay and office applications; and Industrial grade LED Dock lights. Its military maritime market (MMM) LED lighting products include 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. The Company's primary target customers for its LED lighting and controls systems are enterprise end-users, as well as contractors or ESCOs.
ENERGY FOCUS, INC. 
