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EFOI Energy Focus News Story

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Energy Focus Inc reports results for the quarter ended in June - Earnings Summary

* Energy Focus Inc  EFOI.OQ  reported a quarterly adjusted
loss
of 35 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 20 cents per
share.
    * Revenue fell 28.6% to $1.48 million from a year ago;
analysts
expected $2.50 million. 
    * Energy Focus Inc's reported EPS for the quarter was a loss
of 35
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Energy Focus Inc shares had fallen by 37.9% this
quarter and
lost 81.1% so far this year.
    * The company reported a quarterly loss of $2.49 million.
    * Wall Street's median 12-month price target for Energy
Focus Inc
is $6.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 11
at 03:14 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.20          -0.35          Missed
 Mar. 31 2022      -0.33          -0.44          Missed
                                  -0.50          
 Sep. 30 2021      -0.20          -0.22          Missed

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