Energy Focus, Inc. reported un-audited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net sales from continuing operations of $3.0 million decreased 9.1%, with respect to second quarter 2009 net sales from continuing operations of $3.3 million and 47.4% versus third quarter 2008 net sales from continuing operations of $5.7 million. The net loss in the quarter was $2.7 million or $0.17 per basic and diluted share compared to a net loss of $2.3 million or $0.16 per basic and diluted share in the second quarter of 2009, an increase of $269,000 and net loss of $1.6 million or $0.11 per basic and diluted share in the third quarter of 2008. Loss from operations was $2.6 million, loss from continuing operations before income taxes was $2.7 million and net loss from continuing operations was $2.6 million compared to loss from operations of $1.4 million, loss from continuing operations before income taxes of $1.4 million and net loss from continuing operations of $1.5 million, respectively reported for the same quarter last year. For the nine months, the company reported net loss of $8.0 million or $0.54 per basic and diluted share on net sales of $8.9 million compared to net loss of $6.7 million or $0.48 per basic and diluted share on net sales of $16.5 million for the same period last year. Loss from operations was $7.4 million, loss from continuing operations before income taxes was $7.4 million and net loss from continuing operations was $7.4 million compared to loss from operations of $6.2 million, loss from continuing operations before income taxes of $6.2 million and net loss from continuing operations of $6.3 million, respectively reported for the same quarter last year.

Energy Focus, Inc., Q3 2009 Earnings Call, Nov-16-2009

Energy Focus, Inc. expected to Report Fiscal Year 2009 Results on March 22, 2010. This event was calculated by Capital IQ (Created on November 9, 2009).