Energy Focus, Inc. Reports Third Quarter 2017 Results

referring to SOLON, Ohio, Nov. 08, 2017 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (NASDAQ:EFOI), a leader in LED lighting technologies, today announced financial results for the third quarter ended September 30, 2017. Financial Summary:Net sales for the third quarter of 2017 of $5.0 million compared to $8.3 million in the third quarter of 2016. Third quarter 2017 operating expenses of $2.9 million compared to $6.2 million in the third quarter of 2016. Cash used in operations for the third quarter of 2017 of $1.5 million marked the seventh consecutive quarter of lower cash consumption. As a result, despite lower revenue and gross margin, our net loss was the lowest it has been in 6 quarters.

Just Energy Reports Second Quarter Fiscal 2018 Results

Base EBITDA of $20.5 million, a decrease of 64% compared to the second quarter of fiscal 2017. Gross RCE additions for the quarter were 310,000, an increase of 58% year-over-year , and 27% sequentially. Net RCE additions of positive 11,000, improved compared with a negative 75,000 net RCE additions in the second quarter of last year, and negative 135,000 net RCE additions last quarter (fiscal Q1). These expectations reflect the impact of the significant one-time weather events in the second fiscal quarter, combined with the low commodity pricing environment and the Company's ongoing actions to improve profitability in the second half of the fiscal year. Just Energy Group Inc. is the parent company of Amigo Energy, Green Star Energy, Hudson Energy, Interactive Energy Group, Just Energy Advanced Solutions, Tara Energy and TerraPass.

Essential Energy Services Announces Third Quarter Financial Results

according to CALGARY, Alberta, Nov. 08, 2017 (GLOBE NEWSWIRE) -- Essential Energy Services Ltd. (TSX:ESN) ("Essential" or the "Company") announces third quarter results. (ii) During the fourth quarter 2016, Essential acquired four Generation III coil tubing rigs, three quintuplex fluid pumpers and one nitrogen pumper. (iii) During the second quarter 2017, Essential retired one single fluid pumper and during the third quarter 2017, Essential retired two single fluid pumpers. In the third quarter 2017, Essential sold a shop, office and land that was no longer being utilized. These measures should not be considered alternatives to net income (loss) and net income (loss) per share as calculated in accordance with IFRS.

collected by :Victor Alphen