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Orion Energy Systems Inc   (OESX)
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Orion Energy Systems Inc

OESX's Financial Statements and Analysis



Orion Energy Systems Inc increased second quarter of 2023 net loss per share of $-0.14 compare to net loss per share of $-0.07 recorded in the same quarter a year ago and improved compare to net loss per share of $-0.21 realized in previous quarter.


second quarter of 2023
Earnings Per Share Revenues
$ -0.14 $  21 Mill
$-0.07     $+3M     +17.23 %



Orion Energy Systems Inc 's Revenue rose by 17.23 % in second quarter of 2023 (Sep 30 2023) year on year, to $21 million and advanced by 16.88 % sequentially.


Orion Energy Systems Inc is

More on OESX's Income Statement



Orion Energy Systems Inc 's in thesecond quarter of 2023 recorded net loss of $-4.388 million, an increase from net loss of $-2.331 million in II. Quarter a year ago.

Sequentially net loss narrowed from net loss of $-6.637 million realized in previous quarter.

More on OESX's Growth

Orion Energy Systems Inc Inventories
Inventories grew by 19.65 % to $20 million from II. Quarter a year ago, sequentially inventories rose by 13.97 %. In Sep 30 2023 company's net cash and cash equivalents decreased by $-4 million, capital expenditures grew by -0.303-21.12%, to $0 millions compare to same quarter a year ago

More on OESX's Cash flow Statement


Orion Energy Systems Inc does not pay out common stock dividend.

In trailing twelve-month period Orion Energy Systems Inc payed $ -0.22 cash per share, on a free-cash flow basis .

Book value fell by -15.93 % sequentially to $0.70 per share, -10.52% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 0.48 per share from $ 0.61.

Company issued 0.16 million shares or 0.48 % in Sep 30 2023.


More on OESX's Dividends

 Market Capitalization (Millions) 28
 Shares Outstanding (Millions) 33
 Total Debt (Millions $) 10
 Revenue (TTM) (Millions $) 80
 Net Income (TTM) (Millions $) -40
 Cash Flow (TTM) (Millions $) -9
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 165




Orion Energy Systems Inc does not pay out common stock dividend.

In trailing twelve-month period Orion Energy Systems Inc had negative $ -0.22 cash flow per share, on a free-cash flow basis .

Book value fell by -15.93 % sequentially to $0.70 per share, -10.52% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 0.48 per share from $ 0.61.

Company issued 0.16 million shares or 0.48 % in Sep 30 2023.


More on OESX's Balance Sheets

 Market Capitalization (Millions) 28
 Shares Outstanding (Millions) 33
 Total Debt (Millions $) 10
 Revenue (TTM) (Millions $) 80
 Net Income (TTM) (Millions $) -40
 Cash Flow (TTM) (Millions $) -9
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 165
   


  News about Orion Energy Systems Inc Earnings

Revamped Financial Outlook: Orion Energy Systems Inc Reports Higher Losses in Q2 2023 Earnings Season

Orion Energy Systems Inc, a leading provider of energy-efficient lighting and retrofit solutions, recently released their second-quarter earnings for 2023. The results indicate some signs of improvement, but also highlight certain challenges the company is facing.
One of the positive aspects of the report is the growth in revenue. For the second quarter of 2023, Orion's revenue increased by an impressive 17.232% compared to the same quarter the previous year, reaching $20.59 million. This sequential improvement of 16.88% from the previous quarter also demonstrates the company's ability to maintain steady growth. It is worth noting that this revenue growth comes at a time when most of Orion's competitors...

Orion Energy Systems Inc Faces Lackluster Earnings All Along Fiscal First Quarter of 2023

Weakening Orders Result in Diminishing Returns for Orion Energy Systems Inc in Q1 2023
Investors in Orion Energy Systems Inc faced disappointing results in the company's fiscal first quarter of 2023 as diminishing orders led to a decline in revenue and increased losses per share. Revenue sunk by 1.636% to $17.61 million compared to the same period last year when it stood at $21.63 million, a decline of 18.568%. Additionally, the loss per share reached -$0.21, a significant increase from the previous year's -$0.09 per share.
The net loss for Orion Energy Systems Inc intensified in Q1 2023, amounting to -$6.637 million, up from -$2.835 million in the previous year. These disappointing financial figures...

Dramatic Revenue Decline Fuels Orion Energy Systems' Quiet 4th Fiscal Quarter of 2023

Orion Energy Systems Inc has reported a decline in demand during the period from January to March 31, 2023, which resulted in diminishing returns for the company. The revenue for the said period has decreased by 1.945% from the previous year to $21.63 million. Moreover, the deficit per share was at $-0.15, in contrast to $-0.04 per share reported in the reporting period a year prior. This indicates a significant decrease in earnings as compared to the previous year.
However, it is worth noting that there has been a slight improvement in the EPS, which was reported at $-0.75 per share in the previous year and has now increased to $-0.15 per share. Additionally, the revenue for the current period has incre...


Date modified: 2023-11-12T12:49:59+00:00





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