Orion Energy Systems: Q1 Earnings Insights

Orion Energy Sys OESX reported its Q1 earnings results on Wednesday, August 3, 2022 .

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

Orion Energy Sys missed estimated earnings by 350.0%, reporting an EPS of $-0.09 versus an estimate of $-0.02.

Revenue was down $17.20 million from the same period last year.

Last quarter the company missed on EPS by $0.04 which was followed by a 1.76% increase in the share price the next day.

Here's a look at Orion Energy Sys's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0	0.04	0.09	0.08
EPS Actual	-0.04	0.04	0.12	0.08
Revenue Estimate	26.31M	32.86M	38.60M	36.88M
Revenue Actual	22.06M	30.71M	36.51M	35.10M

To track all earnings releases for Orion Energy Sys visit their earnings calendar here.

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

Earnings Calendar