Roth Trims PT on Orion Energy Systems (OESX) to $6; LED Hiccup Doesn't Disrupt Story
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Orion Energy Systems, Inc. (OESX) Posts Wider-than-Expected Q4 Loss
May 12, 2014 4:14 PM EDTOrion Energy Systems, Inc. (NYSE: OESX) reported Q4 EPS of ($0.41), which includes items and may not compare to the analyst estimate of ($0.01). Revenue for the quarter came in at $12.6 million versus the consensus estimate of $22.18 million.
John Scribante, Chief Executive Officer of Orion, stated, We continued to make progress during fiscal 2014 through improved operating efficiencies and better positioning our Company to take advantage of a lighting retrofit marketplace with ample opportunity for growth. We have successfully undergone a transformation of... More
