- 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 be whether this can be sustained.
- We think perhaps not to the same extent, but given the company’s turn-key capabilities and increased visibility, other projects will likely emerge.
Source: This Might Be As Good As It Gets For Orion Energy Systems – Orion Energy Systems, Inc. (NASDAQ:OESX) | Seeking Alpha
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