Orion Energy Systems (OESX) Tops Q2 EPS by 7c; Guides Above for Q3
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Orion Energy Systems, Inc. (NASDAQ: OESX) reports a Q2 loss of $0.03, 7 cents better than the analyst estimate of ($.10). Revenue for the quarter was $14.6 million, which compares to the estimate of $13.92 million.
Third quarter fiscal 2010 revenues are anticipated to be between $16.5 million and $18.0 million. Earnings per share for the third quarter of fiscal 2010 are estimated to be between a loss of $(0.03) and earnings of $0.01 per diluted share. (Consensus is $17.33M and a loss of $0.05)
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