Energy Focus, Inc. (NASDAQ:EFOI) is expected to report third quarter earnings results, before market open, on Thursday 12th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.2 per share.
Looking ahead, the full year loss are expected at $ 1.91 per share on the revenues of $ 18.31 million.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 6.00 million ~ $ 7.00 million
Click Here For More Historical Outlooks Of Energy Focus, Inc.
Previous Quarter Performance
Energy Focus, Inc. outlined loss for the second quarter of $ 0.33 per share, from the revenue of $ 3.34 million. Wall street analysts are predicting, EFOI to report 2Q20 loss of $ 0.37 per share from revenue of $ 3.30 million. The bottom line results beat street analysts by $ 0.04 or 10.81 percent, at the same time, top line results outshined analysts by $ 0.04 million or 1.21 percent.
Stock Performance
Shares of Energy Focus, Inc. traded low $ -0.53 or -7.49 percent on Wednesday, reaching $ 6.55 with volume of 151.50 thousand shares. Energy Focus, Inc. has traded high as $ 7.25 and has cracked $ 6.39 on the downward trend
The closing price of $ 6.55, representing a 785.00 % increase from the 52 week low of $ 0.80 and a 38.97 % decrease over the 52 week high of $ 11.60.
The company has a market capital of $ 21.22 million and is part of the Consumer Cyclical sector and Home Furnishings & Fixtures industry.
Conference Call
Energy Focus, Inc. will be hosting a conference call at 11:00 AM eastern time on 12th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 1-877-451-6152 U.S. or 1-201-389-0879 Toll Number, and the passcode is 13712403 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.energyfocus.com
Energy Focus, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and sells energy-efficient lighting systems in the United States and internationally. It offers military maritime LED lighting products, such as Military Intellitube, globe lights, berth lights, and fixtures, as well as Invisitube ultra-low EMI tubular LED (TLED) and LED retrofit kits to serve the United States navy and allied foreign navies. The company also provides commercial products comprising direct-wire TLED replacements for linear fluorescent lamps; commercial Intellitube TLED replacement for linear fluorescent lamps; LED fixtures and panels for fluorescent replacement or high-intensity discharge replacement in low-bay and high-bay applications; LED down-lights; LED dock lights and wall-packs; LED vapor tight lighting fixtures; LED retrofit kits; and RedCap emergency battery backup TLEDs.
