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Stock impact report

Orion's (OESX) Q4 Loss Narrower Than Expected, Gross Margin Up [Yahoo! Finance]

Orion Energy Systems, Inc. (OESX) 
NASDAQ:AMEX Investor Relations: investor.oriones.com/investor-relations
Company Research Source: Yahoo! Finance
That said, the top and bottom lines grew on a year-over-year basis. The quarterly results reflect year-over-year performance growth across the company's reportable segments on the back of increased project activity, geographic market reach and favorable pricing actions. The company expects the improving business momentum to continue into fiscal 2025, attributable to the expected growth in LED lighting and EV charging solutions segments, supported by positive tailwinds from several macro themes. Shares of OESX gained 8.5% during the trading session on Jun 6, post the announcement of its quarterly results. Delving Deeper The company reported an adjusted loss of 1 cent per share, which is narrower than the Zacks Consensus Estimate of a loss of 8 cents per share by 87.5%. In the last reported quarter, the company reported an adjusted loss of 8 cents per share. Orion Energy Systems, Inc. Price, Consensus and EPS Surprise Orion Energy Systems, Inc. price-consensus-eps-surprise Show less Read more
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