Orion Energy Systems Inc reports results for the quarter ended in June - Earnings Summary

Orion Energy Systems

09/08/2023 14:33

* Orion Energy Systems Inc  OESX.OQ  reported a quarterly
adjusted
loss of 21 cents​​ per share for the quarter ended in June. The
mean expectation of three analysts for the quarter was for a
loss of 10 cents per share.
    * Revenue fell 1.6% to $17.61 million from a year ago;
analysts
expected $21.57 million. 
    * Orion Energy Systems Inc's reported EPS for the quarter
was a
loss of 21 cents​.
    * The mean earnings estimate of analysts had fallen by
about 106.7% in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Orion Energy Systems Inc shares had risen by 5.5% this
quarter and lost 5.5% so far this year.
    * The company reported a quarterly loss of $6.64 million.
    * Wall Street's median 12-month price target for Orion
Energy
Systems Inc is $3.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.10          -0.21          Missed
 Mar. 31 2023      -0.06          -0.16          Missed
 Dec. 31 2022      -0.07          -0.75          Missed
 Sep. 30 2022      -0.07          -0.08          Missed