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 […]
Entries Tagged as 'OESX'
August 18th, 2019 · No Comments
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 […]