OEG: Orbital Energy Stock Gains After Q1 Results; Reiterates FY22 Forecast

Orbital Energy Group Inc (NASDAQ: OEG) reported first-quarter revenue of $70.25 million, compared to $5.56 million in 1Q21, marginally missing the consensus of $70.49 million. EPS loss widened to $(0.44) from $(0.36) in 1Q21, missing the consensus of $(0.05). OEG reported a gross profit of $11.58 million, compared to a loss of $(2.52) million in 1Q21. The loss from ...Full story available on Benzinga.com