Orion's (OESX) Q4 Loss Narrower Than Expected, Gross Margin Up

Revenues of LED Lighting, EV Charging and Maintenance segments grew year over year by 13.1%, 42.1% and 37.4% to $16.3 million,$ 4.9 million and $5.2 million, respectively. Financials The Zacks Consensus Estimate for DY's fiscal 2024 sales and EPS indicates improvements of 9.3% and 5.6%, respectively, from a year ago. During the fiscal fourth quarter, Orion's gross profit increased notably by 43.5% to$ 6.8 million year over year on the back of sales mix changes, better-fixed cost absorption on increased reve ...