Orion Energy Systems Q2 earnings exceeded estimates, receiving mixed analyst ratings and significant institutional holdings.

Orion Energy Systems (OESX) received a hold rating from StockNews.com but a buy rating from HC Wainwright, which set a $3.00 price target. The company reported Q2 earnings per share of ($0.11) on revenue of $19.91 million, exceeding analyst estimates. Significant investments from large firms were noted. In contrast, Orion S.A. missed earnings estimates, reporting $0.41 EPS on $477 million revenue, and announced a quarterly dividend. Institutional holdings for both companies are substantial.

October 05, 2024
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