Orion Energy Sys (NASDAQ:OESX) reported its Q1 earnings results on Wednesday, August 3, 2022 .
Here’s what investors need to know about the announcement.
Earnings
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.
Past Earnings Performance
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.
