OESX - Orion Energy Systems GAAP EPS of -$0.75 revenue of $20.3M beats by $0.47M
- Orion Energy Systems press release ( NASDAQ: OESX ): Q3 GAAP EPS of -$0.75.
- Revenue of $20.3M (-33.9% Y/Y) beats by $0.47M .
- Outlook:
- Orion expects continued sequential revenue growth in Q4’23 vs. Q3’23, which should be the strongest quarter of FY’23, likely exceeding Q4’22 revenue of $22.1M.
- Correspondingly, full FY’23 revenue of $77M to $80M is expected vs consensus of $83.13M.
- Orion also expects FY’24 revenue growth of 30% or more over FY’23 and plans to provide more specific details about its FY’24 outlook when it reports its Q4 results.
For further details see:
Orion Energy Systems GAAP EPS of -$0.75, revenue of $20.3M beats by $0.47M