Orion Energy Reaffirms FY25 Sales Outlook Of $99.639M-$104.168M Vs $101.56M Estimate
Portfolio Pulse from Benzinga Newsdesk
Orion Energy has reaffirmed its FY25 sales outlook of $99.639M-$104.168M, aligning closely with the $101.56M estimate. The company achieved a 13% top-line growth in Q1’25 and expects 10-15% revenue growth for FY25, driven by large national LED lighting projects and robust growth in its Voltrek EV charging solutions business.
August 07, 2024 | 11:11 am
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Orion Energy has reaffirmed its FY25 sales outlook of $99.639M-$104.168M, driven by strong performance in LED lighting projects and Voltrek EV charging solutions.
The reaffirmation of the sales outlook and the strong performance in key business areas such as LED lighting projects and EV charging solutions are positive indicators for Orion Energy's future revenue growth. This is likely to have a positive short-term impact on the stock price.
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