Brief: Energy Focus Inc Posts Q4 Loss Per Share Of $0.11

Energy Focus

19/03/2020 14:18

March 19 (Reuters) - Energy Focus Inc  EFOI.O :
    * ENERGY FOCUS INC - FOURTH QUARTER NET SALES INCREASE 21%
SEQUENTIALLY AND 13% YEAR-OVER-YEAR TO $3.5 MILLION
    * ENERGY FOCUS INC - ACTIVELY MONITORING AND DYNAMICALLY
ASSESSING
AND RESPONDING TO THE IMPACT FROM THE ONGOING CORONAVIRUS
OUTBREAK
    * ENERGY FOCUS- AT THIS POINT, HAVEN'T SEEN OPPORTUNITIES
LOST DUE
TO COVID-19, HAVE SEEN SOME CUSTOMER LIGHTING RETROFIT PROJECTS
BEING PUT ON HOLD
    * ENERGY FOCUS- NEAR-TERM SALES COULD BE ADVERSELY AFFECTED
IF 
CURRENT, DRAMATIC SLOWDOWN OF ECONOMIC ACTIVITIES CONTINUES OVER
AN EXTENDED PERIOD
    * ENERGY FOCUS- POTENTIAL GOVERNMENT REGULATION MANDATES
COULD
TEMPORARILY CAUSE LOGISTICS BOTTLENECKS OR CEASE OUR PRODUCTION
OPERATION
    * ENERGY FOCUS- PROJECTS Q1 2020 SALES IN THE RANGE OF $3.5
MILLION TO $3.6 MILLION
    * ENERGY FOCUS-  QTRLY LOSS PER SHARE $0.11

Source: (https://bit.ly/3b7NEyQ)
Further company coverage:  EFOI.O 

 ((Reuters.Briefs@thomsonreuters.com;))