Orion's (OESX) Q4 Loss Narrower Than Expected, Gross Margin Up
OESXOrion(OESX) ZACKS·2024-06-08 01:10

Orion Energy Systems, Inc. (OESX) reported mixed results in fourth-quarter fiscal 2024 (ended Mar 31, 2024), wherein earnings surpassed the Zacks Consensus Estimate while revenues missed the same. 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 mom ...