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home / news releases / OESX - Orion Energy Systems GAAP EPS of -$0.16 misses by $0.10 revenue of $21.6M misses by $0.98M

OESX - Orion Energy Systems GAAP EPS of -$0.16 misses by $0.10 revenue of $21.6M misses by $0.98M

Orion Energy Systems Inc.

2023-06-06 07:06:04 ET

  • Orion Energy Systems press release ( NASDAQ: OESX ): Q4 GAAP EPS of -$0.16 misses by $0.10 .
  • Revenue of $21.6M (-2.3% Y/Y) misses by $0.98M .

  • Business Outlook

    • Orion continues to expect FY 2024 revenue growth of 30% or more to approximately $100M, with a greater proportion of revenue expected in the second half.
    • Orion’s FY 2024 revenue guidance is based on approximately $34M in aggregate revenue expected from maintenance services and EV charging solutions and the balance from LED lighting products and solutions, including national account projects, ESCO partners and distribution channel sales.

For further details see:

Orion Energy Systems GAAP EPS of -$0.16 misses by $0.10, revenue of $21.6M misses by $0.98M
Stock Information
Company Name: Orion Energy Systems Inc.
Stock Symbol: OESX
Market: NASDAQ
Website: orionlighting.com
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