Shares of Orbital Energy Group (NASDAQ:OEG) decreased 1.6% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share increased 51.52% over the past year to ($0.16), which missed the estimate of ($0.12).

Revenue of $16,308,000 rose by 109.75% year over year, which missed the estimate of $22,030,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Orbital Energy Group hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Aug 16, 2021

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/fbktvsy2

Recent Stock Performance

52-week high: $11.20

52-week low: $0.45

Price action over last quarter: down 12.68%

Company Description