That's perfectly fine. Full sunlight is around 1700-2000umol as a reference. I usually run around 500-700umol/s in veg and around 1200 flowering. I've heard Efficiency drops off over roughly 1000-1200 if not using supplemental CO2, something to keep in mind..
Assuming you are growing photos. Autos can get the same DLI (around 50) at 750umol over 18hrs, or 600 over 24 hours.