Revenue in the second quarter was up by 266%, and the company shot to profit and cash generation in the first half of its fiscal year. The company also showed a surprising amount of operational leverage, with operating margin shooting up in the last two quarters. The overriding question on investors’ minds will no doubt […]
Entries Tagged as 'OESX'
November 14th, 2019 · Comments Off on This Might Be As Good As It Gets For Orion Energy Systems
August 18th, 2019 · Comments Off on Blow-Out Quarter At Orion Energy Systems
The company enjoyed a blow-out quarter based on a big national retrofit contract. Tripling revenues didn’t require any increase in CapEx or OpEx, which is something to keep in mind. While the timing of new orders is uncertain and not every quarter is going to be as good as this one, we think the company […]
June 10th, 2019 · Comments Off on It’s Lights On For Orion Energy Systems
The company seems to have hit on a large customer propelling it forward from stagnant loss-making outfit to a fast-growing one that’s already near break-even. Needless to say that the share price isn’t only absorbing the sudden rampant growth itself, also the new, much increased profile of the company, rewarding it with higher multiples. While […]