Welcome to our dedicated page for Energy Focus news (Ticker: EFOI), a resource for investors and traders seeking the latest updates and insights on Energy Focus stock.
Energy Focus, Inc. (EFOI) is a Nasdaq-listed manufacturer of energy-efficient LED lighting, lighting control systems, and UV-C disinfection products serving commercial, institutional, military maritime, government, and consumer markets. This news page aggregates company announcements and third-party coverage so readers can follow how Energy Focus communicates developments around its lighting and disinfection technologies.
News about Energy Focus commonly includes product and technology updates, such as enhancements to its EnFocus™ Power Line Control platform, RedCap® emergency lighting solutions, and nUVo™ UVC air disinfection line. The company also issues releases on trade show participation, where it showcases its circadian lighting, emergency lighting, and UVCD offerings to the architectural and commercial lighting community.
Investors and industry observers will also find corporate and governance updates, including executive appointments, board changes, and leadership additions in areas like government sales and commercial development. Financial communications, such as quarterly earnings announcements and details on private placements or other capital-raising activities, are typically disclosed through press releases and related conference call notices.
Because Energy Focus serves U.S. and U.S. ally navies, government entities, and large institutional customers, its news flow can touch on military maritime contracts, government and institutional projects, and adoption of its lighting controls and UVCD technologies. Bookmark this page to review historical and ongoing coverage of EFOI’s product introductions, financial disclosures, and organizational changes as reported through official news channels.
Energy Focus reported a 53.9% decrease in net sales for Q3 2021, totaling $2.7 million, despite a 32.5% sequential increase from Q2. The net loss narrowed to $1.1 million or $(0.22) per share, compared to $1.2 million in Q3 2020. Operating loss stood at $1.8 million, up from $1.0 million a year earlier. Inventory issues were noted, with total availability reduced to $2.1 million. The company is launching nUVo™ air disinfectors and expects growth from its human-centric lighting solutions in the post-COVID market.
Energy Focus, Inc. (NASDAQ:EFOI) will announce its financial results for Q3 and nine months ending September 30, 2021, before the market opens on November 12, 2021. A conference call is scheduled for 11:00 a.m. ET on the same day to discuss the results. Shareholders can listen to the call by dialing toll-free 1-877-451-6152 or via an online webcast. Energy Focus specializes in sustainable lighting and advanced UV-C disinfection technologies, with a notable history of serving the U.S. Navy and other governmental and commercial clients.
Energy Focus will showcase its mUVe™ UVC Robo-Disinfector at LightFair 2021 in New York City from October 25-29. As the official Virus-Targeted UVC disinfectant, mUVe™ autonomously disinfects surfaces during conference after-hours, achieving over 99.9% efficacy against pathogens like SARS-CoV-2. This collaboration highlights Energy Focus’ commitment to safety and innovation in disinfection. The company will also exhibit its LED lighting products, including the EnFocus™ Human-Centric Lighting and other UVC technology at booth #1946.
Energy Focus, Inc. (NASDAQ:EFOI) announced that its nUVo™ Tower and nUVo™ Traveler air disinfectors have passed rigorous third-party testing, achieving a microbial reduction of 94.1% to 99.9% of airborne viruses, bacteria, and mold within 30 minutes. The products are set to launch in November 2021, targeting consumers and businesses seeking enhanced environmental hygiene post-pandemic. CEO James Tu emphasized their commitment to safety and efficacy, while Senior VP Greg Galluccio highlighted the importance of these innovations for improving indoor air quality.
Energy Focus (NASDAQ:EFOI) announced its participation in the 2021 LD Micro Main Event scheduled for October 12-14, 2021, in Los Angeles. CEO James Tu will present on October 13 at 9:00 AM PT. The event will feature 150+ companies presenting in-person and virtually, with a focus on safety through the use of nUVo™ UVC air disinfectors to eliminate pathogens. Interested participants can register for the conference here.
Energy Focus, Inc. (NASDAQ:EFOI), a leader in sustainable lighting technologies, announced its participation at the H.C. Wainwright 23rd Annual Global Investment Conference, taking place virtually from September 13-15, 2021. The company's CEO, James Tu, will present an overview of the business, available on demand starting at 7:00 am ET on September 13. For 90 days, the presentation can be accessed via the company’s investor website. Energy Focus specializes in sustainable LED lighting and UVC disinfection solutions, serving a variety of sectors including government and healthcare.
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Energy Focus, Inc. (NASDAQ:EFOI) reported a net sales of $2.1 million for Q2 2021, down 37.8% year-over-year and 21.4% sequentially, primarily due to military funding delays and pandemic-related challenges. The net loss narrowed to $2.5 million, or $(0.59) per share, from $4.3 million in Q2 2020. Cash reserves declined to $1.3 million compared to $1.8 million at year-end 2020. The company raised $4.5 million from an equity offering and anticipates sales recovery, driven by new product launches and military market improvements in H2 2021.
Energy Focus, Inc. (NASDAQ:EFOI) will announce its second quarter and six-month financial results for the period ending June 30, 2021, before market open on August 12. A conference call is scheduled for 11 a.m. ET to discuss the results, with access via toll-free and international numbers provided. Financial details will be available on the investors section of Energy Focus’ website, and a simultaneous webcast can be accessed online.
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