Orbital Energy Group: Q1 Earnings Insights

Orbital Energy Group OEG reported its Q1 earnings results on Monday, May 16, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Orbital Energy Group missed estimated earnings by 800.0%, reporting an EPS of $-0.45 versus an estimate of $-0.05.

Revenue was up $60.76 million from the same period last year.

Last quarter the company missed on EPS by $0.11 which was followed by a 1.08% drop in the share price the next day.

Here's a look at Orbital Energy Group's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	-0.10	-0.10	-0.12	-0.15
EPS Actual	-0.21	-0.16	-0.16	-0.40
Revenue Estimate	45.02M	31.84M	22.03M	15.51M
Revenue Actual	41.05M	30.92M	16.31M	9.49M

To track all earnings releases for Orbital Energy Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.