Recap: Orion Energy’s Third Quarter Results

Orion Energy System OESX announced its third quarter results on Wednesday, February 9, 2022 at 7:30 a.m.

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

Check this out: Executives buy about $64 million from 3 stocks

Earnings

Orion Energy Sys reported online EPS of $0.04 vs. estimate of $0.04.

Revenue increased by $13.54 million compared to the same period last year.

Past Earnings Performance

Last quarter, the company beat EPS by $0.03, followed by an 8.99% decline in share price the next day.

Here is an overview of past performance of Orion Energy Sys:








Trimester Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS estimate 0.09 0.08 0.10 0.17
Actual EPS 0.12 0.08 0.04 0.14
Revenue estimate 38.60M 36.88M 39.10M 41.56M
Actual turnover 36.51M 35.10M 35.50M 44.25M

To keep track of all upcoming earnings announcements, click to use the Benzinga Earnings Calendar.

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

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