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Stock impact report

Energy Focus Awarded $3 Million Contract Extension with a Major Healthcare Provider

Energy Focus, Inc. (EFOI) 
Last energy focus, inc. earnings: 3/19 08:30 am Check Earnings Report
Company Research Source: GlobeNewswire
SOLON, Ohio, July 30, 2019 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (NASDAQ:EFOI), a leader in LED lighting technologies, today announced that it has been awarded a new $3 million contract to supply LED solutions to a leading healthcare organization based in northeast Ohio. This award is an extension to an existing contract with this client. The Company has also received its first orders of approximately $500,000 under the new contract. Since 2015, Energy Focus has been providing LED solutions to replace existing fluorescent lights in this client’s facilities. The initial phase of the LED upgrade project—the largest of its kind in the healthcare industry in the U.S.—included approximately 440,000 tubular LED lamps and 37,000 dimmable LED downlights. The installation covers its main campus near downtown Cleveland, several satellite locations, as well as family healthcare centers throughout northeast Ohio. Prior to selecting Energy Focus for the current project, the client went throug Show less Read more
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