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    • Denggle > Lighting News >

    Orion Announces Financial Results for Q2 Fiscal 2019

    Orion Announces Financial Results for Q2 Fiscal 2019

    Source： 21 Nov 2018
    LED Lighting Financial Results Orion

    Orion Energy Systems reported results for the second quarter of its fiscal 2019 ended September 30, 2018.


    The company posted a revenue of US$ 13.2 million for 2Q19, down14.3% YoY and 4% QoQ due to lower sales through the distribution channel and delays of certain projects. Gross margin declined to 19.3% in 2Q19, compared to 23.5% in 2Q18.


    According to Orion, the business in the U.S. is progressing significantly with its automotive, retail and public sector customers. With its capability to provide tailored LED lighting solutions, the growth momentum of Orion comes from the market in the U.S.

     

    Orion

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    Héctor Esrawe Introduces Félix Candela's Parabolas Into Lighting Design

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    Philips Lighting Illuminates Kırıkkale Nur Mosque in Turkey

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    Table Lamp by Jaime Hayón's Josephine

    Lighting brand Metalarte has launched a giant floor-standing version of Spanish designer Jaime Hayón's Josephine table lamp to mark its 10th anniversary.

    Goula/figuera's LED Lamp for Faro Barcelona Doubles As a Coat Hanger

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    Tunable white lighting in the classroom: The new ROI is ROO

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    LED Downlights For High Quality Restaurant Lighting

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