Energy Focus Reports Significant Revenue Growth in Third Quarter

Energy Focus, a leading company in LED lighting technologies, reported a remarkable 151% increase in net sales for the third quarter ending September 30, 2015, totaling $18.3 million, driven by strong demand from the U.S. Navy and a significant uptick in commercial sales. Executive Chairman James Tu noted the successful entry into a multi-million-dollar LED retrofit contract with a major healthcare institution, expected to enhance product adoption across hospital chains. The company’s gross profit surged to $9.1 million, reflecting improved operational efficiency and increased sales volume. With a strengthened balance sheet from a recent stock offering, Energy Focus is poised to accelerate its growth initiatives, including expanding its sales force and enhancing its “Made in America” product lines, while continuing to make impactful investments in sustainability and community transformation.

Energy Focus Reports Significant Revenue Growth in Third Quarter

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