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Orbital Infrastructure Group Inc. Intends to Enter into Purchase Agreements for the Sale of Front Line Power Construction and Gibson Technical Services and Files for Chapter 11 Protection

/PRNewswire/ Orbital Infrastructure Group Inc. (NASDAQ: OIG) (the "Company"), announced today that it and certain of its subsidiaries (Orbital Solar. ....

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Orbital Energy Group (NASDAQ:OEG) Releases Earnings Results

Orbital Energy Group (NASDAQ:OEG – Get Rating) posted its earnings results on Wednesday. The company reported ($0.12) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.11) by ($0.01), Fidelity Earnings reports. Orbital Energy Group had a negative return on equity of 59.90% and a negative net margin of 64.44%. Shares of Orbital Energy […] ....

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Orbital Energy Group (OEG) versus Its Competitors Head-To-Head Comparison

Orbital Energy Group (NASDAQ: OEG – Get Rating) is one of 25 publicly-traded companies in the “Electronic parts & equipment, not elsewhere classified” industry, but how does it contrast to its peers? We will compare Orbital Energy Group to similar businesses based on the strength of its analyst recommendations, valuation, earnings, institutional ownership, dividends, profitability […] ....

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Orbital Energy Group (OEG) & Its Competitors Financial Contrast

Orbital Energy Group (NASDAQ: OEG – Get Rating) is one of 24 public companies in the “Electronic parts & equipment, not elsewhere classified” industry, but how does it weigh in compared to its peers? We will compare Orbital Energy Group to related businesses based on the strength of its analyst recommendations, profitability, dividends, risk, institutional […] ....

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Orbital Energy : Reports First Quarter 2021 Financial Results

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HOUSTON, May 17, 2021 /PRNewswire/ Orbital Energy Group, Inc. (Nasdaq: OEG) ( Orbital Energy or the Company ) today reported unaudited financial results for the three months ended March 31, 2021.
Financial and Operating Highlights:
Reported total revenues of $9.5 million for the first quarter of 2021, a 67% increase compared to $5.7 million for the first quarter of 2020;
Gross loss was $1.3 million for the first quarter of 2021, compared to gross profit of $0.6 million for the first quarter of 2020, the decrease was attributable to ramp-up costs at Orbital Power Services, start-up costs at Eclipse Foundation Group as well as the addition of Orbital Solar Services;
The Company expects improvement in margins during 2021 as Orbital Power Services continues to gain efficiencies and increase revenues, Orbital Telecom Services starts to contribute, larger Orbital Solar Services solar projects begin, and companies continue to learn ....

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