Friday, May 26, 2017 10:43:33 AM
“The Board will change the near-term focus of Orion’s management team in order to increase the Company’s emphasis on achieving profitability through increased revenue and a reduced cost structure,” said Altschaefl.
Although Orion’s fiscal 2017 fourth quarter and year-end financial results are not expected to be materially different than as previously announced on a preliminary basis, in order to allow Orion’s management team to provide investors with more specific details on its goals and objectives for fiscal 2018, Orion’s previously scheduled May 26, 2017 earnings call is being temporarily postponed. A new earnings call date and time will be announced in the near future.
Release: Orion Lighting Announces Management Changes
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