Brief: Orion Energy Systems Announces Preliminary Unaudited FY 2022 Results

Orion Energy Systems

23/05/2022 23:32

May 23 (Reuters) - Orion Energy Systems Inc  OESX.O :
    * ORION ENERGY SYSTEMS ANNOUNCES PRELIMINARY UNAUDITED FY
2022
RESULTS
    * SEES FY 2022 REVENUE OF APPROXIMATELY $124M, AN INCREASE
OF
ROUGHLY 6% OVER $116.8M IN FY 2021
    * SEES FY 2022 OPERATING INCOME OF $8.2M - $8.4M, COMPARED
TO
$6.8M IN FY 2021
    * ORION ENERG--SEES FINANCIAL LIQUIDITY OF ABOUT $35M AT
CLOSE FY
2022 INCLUDING $14.5M CASH,CASH EQUIVALENTS,$21M IN AVAILABILITY
UNDER CREDIT FACILITY

Source text for Eikon:  ID:nGNXrfCjc 
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