Orion Energy Systems

Orion Energy Systems, Inc. engages in the design, development, and trade of lighting systems, and retrofit lighting solutions. It operates through the following segments: Orion Services Group Division (OSG), Orion Distribution Services Division (ODS), Orion U.S. Markets Division (USM), and Corporate and Other. The OSG segment develops and sells lighting products and provides construction and engineering services for commercial lighting and energy management systems and provides retailers, distributors and other businesses with maintenance, repair and replacement services for the lighting and related electrical components deployed in their facilities. The ODS segment focuses on selling lighting products through manufacturer representative agencies and a network of North American broadline and electrical distributors and contractors. The USM segment consists of commercial lighting systems and energy management systems for the wholesale contractor markets. The Corporate and Other segment includes operating expenses. The company was founded in April 1996 and is headquartered in Manitowoc, WI.

Earnings data Q4 2021

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Earnings data Q3 2025

Orion Energy Systems reports fiscal 2023 challenges but anticipates growth

Orion Energy Systems reported a decline in revenue and a net loss for fiscal 2023, primarily due to decreased activity with the largest customer and project delays. However, the company is optimistic about fiscal 2024, with revenue guidance of approximately $100 million and expectations for double-digit growth across all business segments, driven by maintenance services and EV charging solutions.

Orion Energy Systems anticipates over 30% revenue growth in fiscal 2024

Orion Energy Systems' Q1 2024 performance reflects a mix of challenges and opportunities. While facing a net loss and slightly lower revenue, the company is strategically positioned for growth with its expansion into maintenance services and the EV charging market. The outlook for fiscal 2023 remains positive, with a strong pipeline and plans for organizational expansion.

Orion Energy Systems anticipates growth despite Q3 challenges and losses

Orion Energy Systems navigated challenges in Q3 but is optimistic about growth prospects in Q4 and fiscal 2024.
The company's focus on expanding product offerings, energy-saving solutions, and EV charging infrastructure positions it well for future success.
Despite financial setbacks in Q3, Orion Energy Systems is strategically aligning itself to capitalize on emerging opportunities.
With a strong leadership team and a customer-centric approach, the company is poised for sustainable growth and market expansion.

Orion Energy Systems posts record revenue, eyes EV market growth

Orion Energy Systems delivered strong Q4 results, with revenue meeting guidance and a strategic focus on growth areas.
While facing short-term financial challenges, the company's expansion into EV charging and maintenance services presents promising opportunities.
With a clear roadmap for revenue growth in fiscal '24 and proactive financial management strategies, Orion is poised for continued success.
Investments in talent and market expansion underscore a commitment to driving innovation and capturing market opportunities effectively.

Orion Energy Systems eyes $100M revenue, faces Q1 challenges

Orion Energy Systems' Q1 '24 performance showed a mix of challenges and strengths, with a focus on future growth opportunities.
Management's confidence in revenue growth for fiscal '24 and the company's diversified offerings position it well for expansion.
Analysts' questions highlighted areas of concern, such as operating expenses and the performance of new business segments.

Orion Energy Systems reports robust Q2 growth and eyes EV opportunities

Orion Energy Systems delivered strong revenue growth in Q2 2024, driven by new product launches and project expectations.
While facing challenges with increased expenses and net losses, the company remains focused on achieving profitability.
Opportunities in the EV market, maintenance segments, and engagement initiatives position Orion for future growth.
Investors can expect continued revenue guidance of $100 million for fiscal '24 and a focus on profitability in all contracts.

Orion Energy Systems reports robust Q3 growth and eyes fiscal '25 expansion

Orion Energy Systems delivered strong revenue growth and improved gross margins in Q3 '24, positioning for continued growth in fiscal '25.
Challenges include pricing negotiations in an inflationary environment and the need to balance growth with profitability.
Opportunities lie in ongoing projects, new product offerings, and leveraging customer relationships for sustainable growth.
Overall, Orion's strategic focus on quality solutions and prudent business decisions sets the stage for future success.

Orion Energy Systems reports robust Q4 revenue growth and outlook

Orion Energy Systems delivered strong Q4 results, with revenue growth across key segments. While facing challenges in maintenance services revenue contraction, the company is optimistic about growth opportunities in LED lighting and EV Charging Solutions. Improvements in gross margins and strategic progress position Orion well for fiscal '25.

Orion Energy Systems reports strong Q1 revenue growth and targets profitability

Orion Energy Systems delivered a strong performance in Q1 '25, driven by revenue growth in EV charging and LED lighting segments, despite challenges in Maintenance Services.
The company's focus on operational efficiency, revenue diversification, and strategic partnerships positions it well for achieving its fiscal '25 revenue targets and positive adjusted EBITDA.
While facing short-term revenue challenges and market uncertainties, Orion remains optimistic about growth opportunities in EV charging, LED lighting, and operational improvements.
Management's confidence in the company's strategic direction, coupled with a robust pipeline of opportunities and market potential, underlines Orion's resilience and growth prospects.

Orion Energy Systems reports Q2 growth, eyes LED recovery

Orion Energy Systems showed resilience in Q2 '25 with revenue growth and improved profitability metrics despite challenges in the LED lighting segment.
Securing major contracts and extending credit facilities demonstrate financial strength and market confidence in the company's future prospects.
Anticipated recovery in the LED lighting business and growth opportunities in EV charging stations position Orion Energy Systems for a stronger second half of fiscal '25.

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Orion Energy Systems, Inc. engages in the provision of light emitting diode lighting systems, wireless Internet of Things enabled control, commercial and industrial electric vehicle charging infrastructure solutions, and lighting and electrical maintenance services. It operates through the following segments: Lighting, Maintenance, Electric Vehicle Charging (EV), and Corporate and Other. The Lighting segment is involved in the development and sale of lighting products and provides construction and engineering services for commercial lighting and energy management systems. The Maintenance segment focuses on retailers, distributors, and other businesses with maintenance, repair, and replacement services for lighting and related electrical components. The EV segment offers electric vehicle charging expertise and provides EV turnkey installation solutions with ongoing support to all commercial verticals. The Corporate and Other segment includes operating expenses. The company was founded in April 1996 and is headquartered in Manitowoc, WI.

Orion Energy Systems' EV Charging Business (Voltrek) Secures Major EV Charger Project for Long-Time Municipal Customer Mix of Level 2 & Level 3 EV Chargers

Orion Energy Systems' EV Charging Business (Voltrek), Secures Major EV Charger Project for Long-Time Municipal Customer

LED Lighting and EV Charging Solutions Provider Orion to Present in Singular Research's Emerging Growth & Value Webinar, Thurs. Feb. 22nd at 12:15pm ET.

LED Lighting and EV Charging Solutions Provider Orion to Present in Singular Research's Emerging Growth & Value Webinar, Thurs. Feb. 22nd at 12:15pm ET

Orion Energy Systems, Inc. (OESX) Q3 2024 Earnings Call Transcript

Orion's Q3'24 Revenue Rose 28% to $26M on Strength in LED Lighting and Maintenance Services; Reiterates Revenue Growth Outlook of $90M-$95M for FY 2024

Orion's Q3'24 Revenue Rose 28% to $26M on Strength in LED Lighting; Reiterates Revenue Growth Outlook of $90M-$95M for FY 2024

LED Lighting, EV Charging & Maintenance Solutions Provider Orion Hosts Q3 Call Wed., 2/7 at 10am ET. Webcast: https://edge.media-server.com/mmc/p/qy3xvvja

LED Lighting, EV Charging and Maintenance Solutions Provider Orion Hosts Q3 Call Wed., February 7th at 10am ET

Orion's (OESX) preliminary fiscal Q3 results benefit from strong LED lighting business demand and EV project pipeline. Yet, project delays are a concern.

Orion (OESX) Preliminary Q3 Results Depict Strong Demand

LED Lighting, EV Charging and Electrical Maintenance Provider Orion Announces Preliminary Q3'24 Revenue and Improved Cash Position; Updates Revenue Outlook

LED Lighting, EV Charging and Electrical Maintenance Provider Orion Announces Preliminary Q3'24 Revenue Growing to $25.8M-$26.2M and Improved Cash Position; Updates FY 2024 Anticipated Revenue Outlook to $90M-$95M

LED Lighting & EV Charging Solutions Provider Orion to Participate in Virtual Sidoti Microcap Conf. Weds & Thurs, Jan 17-18; Presentation Jan 18th at 10am

LED Lighting and EV Charging Solutions Provider Orion to Participate in Virtual Sidoti Microcap Conf. Weds & Thurs, Jan 17-18; Presentation Jan 18th at 10am ET

LED Lighting, Maintenance and EV Charging Solutions Provider Orion's Q2'24 Revenue Rose 17% to $20.6M; Maintains 30% Revenue Growth Outlook for FY 2024.

LED Lighting, Maintenance and EV Charging Solutions Provider Orion's Q2'24 Revenue Rose 17% to $20.6M; Maintains 30% Revenue Growth Outlook for FY 2024

MANITOWOC, Wis., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) ( Orion Lighting ), a provider of energy-efficient LED lighting and controls, maintenance services, and electric vehicle (EV) charging station solutions, is proud to announce its latest line of LED lighting fixtures that are compliant with the Build America, Buy America (BABA) Act.

Orion Energy Systems Announces Release of BABA Act-Compliant LED Lighting Fixtures

Orion Energy Systems, Inc. (NASDAQ: $OESX) (Orion Lighting), will present and do 1v1 meetings at the virtual Sidoti Microcap Conference on Wed., Nov. 15th.

LED Lighting and EV Charging Solutions Provider Orion Presents at Sidoti Microcap Virtual Conference Wed., Nov. 15th at 10am ET

Orion Energy Systems, Inc. will host a conference call and webcast to review its fiscal 2024 2nd quarter results on Tuesday, Nov. 7, 2023, at 10:00am ET.

LED Lighting, EV Charging, and Maintenance Solutions Provider Orion Energy Systems Hosts Q2 Call Tues., November 7th at 10am ET

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NEW YORK and MANITOWOC, Wis., Aug. 31, 2023 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, maintenance services and electric vehicle (EV) charging station solutions, will participate at H.C. Wainwright's 25th Annual Hybrid Global Investment Conference on Tuesday and Wednesday, September 12th and 13th at the Lotte New York Palace Hotel in New York City.

LED Lighting and EV Charging Solutions Provider Orion to Attend H.C. Wainwright Investment Conference in NYC, Sept.

MANITOWOC, Wis., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (Nasdaq: OESX) ( Orion Lighting ), a provider of energy-efficient LED lighting and controls, maintenance services, and electric vehicle (EV) charging station solutions, today announced the launch of its new TritonPro™ product category and new Harris exterior LED lighting products. The launch comprises five new cutting-edge products that provide proprietary Orion design, quality and value-pricing to expand the Company's reach into new construction and retrofit markets and to meet requests from channel partners.

Orion Energy Systems Introduces TritonPro™ and New Harris Exterior LED Product Lines, Broadening Portfolio of Innovative, Quality Solutions

Orion Energy's (OESX) fiscal first quarter ails from the variability in the timing of certain LED lighting projects.

Orion (OESX) Posts Wider Than Expected Loss in Q1, Stock Down

Orion Energy Systems, Inc. (OESX) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.09 per share a year ago.

Orion Energy Systems, Inc. (OESX) Reports Q1 Loss, Lags Revenue Estimates

MANITOWOC, Wis., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Please note that the link for the Live Call Registration has been corrected from the release published today, August 8th, by Orion Energy Systems, Inc. (NASDAQ: OESX) The corrected release follows:

CORRECTION -- LED Lighting, Maintenance and EV Charging Solutions Provider Orion Reports Q1'24 Revenue of $17.6M; Maintains 30% Revenue Growth Outlook for FY 2024

MANITOWOC, Wis., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) ( Orion Lighting ), a provider of energy-efficient LED lighting, maintenance services and electric vehicle (EV) charging station solutions, today reported results for its fiscal 2024 first quarter (Q1'24) ended June 30, 2023. Orion will hold an investor call today at 10:00 a.m. ET – details below.

LED Lighting, Maintenance and EV Charging Solutions Provider Orion Reports Q1'24 Revenue of $17.6M; Maintains 30% Revenue Growth Outlook for FY 2024

MANITOWOC, Wis., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) ( Orion Lighting ), a provider of energy-efficient LED lighting and controls, maintenance services and electric vehicle (EV) charging station solutions, announced the signing of a significant 3-year LED lighting preventative maintenance contract with an existing major retail customer. This partnership involves the maintenance of LED lighting systems at approximately 2,000 locations nationwide, formalizing an existing maintenance service relationship.

Orion Secures 3-Year LED Lighting Preventative Maintenance Contract for Approximately 2,000 Retail Locations

MANITOWOC, Wis., July 27, 2023 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting and controls, maintenance services and electrical vehicle (EV) charging station solutions, will host a conference call and webcast to review its fiscal 2024 first quarter fiscal results on Wednesday, August 9, 2023, at 10:00 a.m. ET / 9:00 a.m. CT. Orion will release results prior to the market's opening that morning.

LED Lighting and Electric Vehicle Charging Solutions Provider Orion Energy Systems Hosts Q1 Call Wed., August 9th at 10am ET

MANITOWOC, Wis., July 20, 2023 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (Nasdaq: OESX) ( Orion Lighting ), a provider of energy-efficient LED lighting and controls, maintenance services, and electric vehicle (EV) charging station solutions announced today that it has commenced on-site installation activities for a previously announced $9.6 million contract for LED lighting retrofits at five Department of Defense (DoD) bases in Europe. The turnkey retrofit program includes site audits, engineering, project management, replacement of over 60,000 fixtures with its highly efficient LED lighting systems and final system commissioning.

Orion Energy Systems Commences Onsite Installation for $9.6M Turnkey, Energy-Efficient LED Lighting Retrofit Projects for U.S. Department of Defense

MANITOWOC, Wis., June 28, 2023 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) ( Orion Lighting ), a provider of energy-efficient LED lighting and controls, maintenance services and electric vehicle (EV) charging station solutions, announced the release of the company's second annual Environmental, Social and Governance (ESG) report, highlighting progress in its FY 2023 year ended March 31, 2023. The report is now available on Orion's website.

Orion Energy Systems Releases Fiscal 2023 Environmental, Social and Governance (ESG) Report

MANITOWOC, Wis., June 08, 2023 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) ( Orion Lighting ), a provider of energy-efficient LED lighting and controls, maintenance services and electric vehicle (EV) charging station solutions, will participate in the 13th Annual East Coast IDEAS Virtual Investor Conference on Wednesday, June 21st. Orion's CEO Mike Jenkins and CFO Per Brodin will be available for virtual investor meetings the same day.

LED Lighting and EV Charging Solutions Provider Orion Energy Systems Presents at East Coast Ideas Virtual Conference, Weds. June 21st

Orion Energy's (OESX) fiscal fourth quarter ails from high costs, and a decrease in activity with its largest customer and a global online retailer.

News for Orion Energy Systems Stock (OESX)