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Measurement of 12V driving 2 series LEDs
Vin=12.5V Vout=6.6V
Iin=0.66A Iout=1.0A
Pin=8.25W Pout=6.6W
Efficiency=80%
Efficiency still isn't that great, but it's acceptable. The driver does get medium-warm, which confirms the loss of 1.65W.
The good news is it didn't blow up, so maybe it really is capable of 12V as stated in the overview, not 8.4V as stated in the title.
I just picked up a few to try myself.