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.

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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.

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.

Orion (OESX) Q4 Loss Wider Than Expected, Gross Margin Falls Y/Y

Orion Energy Systems, Inc. (NASDAQ:OESX ) Q4 2023 Results Earnings Conference Call June 6, 2023 10:00 AM ET Company Participants Bill Jones - Investor Relations, CATALYST GLOBAL LLC Mike Jenkins - Chief Executive Officer Per Brodin - Chief Financial Officer Conference Call Participants Eric Stine - Craig-Hallum Amit Dayal - H.C. Wainwright Alex Rygiel - B.

Orion Energy Systems, Inc. (OESX) Q4 2023 Earnings Call Transcript

MANITOWOC, Wis., June 06, 2023 (GLOBE NEWSWIRE) -- (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 2023 fourth quarter (Q4'23) and full year (FY 2023) ended March 31, 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 FY 2023 Revenue of $77.4M and Reiterates FY 2024 30% Revenue Growth Outlook

MANITOWOC, Wis., May 25, 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 fourth quarter and fiscal year 2023 results on Tuesday, June 6, 2023, at 10:00 a.m. ET / 9:00 a.m. CT – details below. Orion will release results prior to the market's opening that morning.

LED Lighting and Electric Vehicle Charging Solutions Provider Orion Hosts Q4 Call Tuesday, June 6th at 10am ET

NEW YORK and MANITOWOC, Wis., May 23, 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 the introduction of new energy-efficient LED lighting products to its expanding portfolio. These new innovations will be showcased at Orion booth #1131 at the LIGHTFAIR® 2023 International Trade Show and Conference, taking place at the Jacob K. Javits Convention Center in New York City, New York from Tuesday, May 23rd to Thursday, May 25th.

Orion Energy Systems Unveils Latest LED Lighting Products at LIGHTFAIR® 2023 International Trade Show and Conference

Los Angeles, California and Manitowoc, Wisconsin--(Newsfile Corp. - May 18, 2023) - 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 present at the 13th annual LD Micro Invitational at the Luxe Sunset Boulevard Hotel in Los Angeles on Wednesday, June 7th. Orion CEO Mike Jenkins and CFO Per Brodin will present Wednesday at 8:30 am PT and will be available for investor meetings on both Tuesday, June 6th and Wednesday, June 7th.

LED Lighting & EV Charging Solutions Provider Orion Energy Systems Presents at LD Micro Invitational in Los Angeles Wed., June 7th at 8:30am PT

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Plugging into the Future: Energy Infrastructure for EV Charging Stations Market Charges Forward

MANITOWOC, Wis., March 09, 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 appointed Richard A. Shapiro to its board of directors effective immediately.

Orion Energy Systems, Inc. Adds Richard A. Shapiro to Board of Directors

Manitowoc, Wisconsin--(Newsfile Corp. - March 7, 2023) - 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 webcast their presentation for the March 29th Virtual Investor Summit. Orion's CEO Mike Jenkins and CFO Per Brodin will also be available for virtual (1x1) investor meetings the same day.

LED Lighting & EV Charging Provider Orion Energy Systems Presents at Virtual Investor Summit Weds., March 29th at 12pm ET

Orion Energy Systems, Inc. (NASDAQ:OESX ) Q3 2023 Earnings Conference Call February 9, 2023 10:00 AM ET Company Participants Bill Jones - Investor Relations Mike Jenkins - Chief Executive Officer Per Brodin - Chief Financial Officer Conference Call Participants Eric Stine - Craig-Hallum Alex Rygiel - B. Riley Securities Andrew Shapiro - Lawndale Capital Amit Dayal - H.C.

Orion Energy Systems, Inc. (OESX) Q3 2023 Earnings Call Transcript

Orion Energy Systems, Inc. (OESX) delivered earnings and revenue surprises of -116.67% and 3.01%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Orion Energy Systems, Inc. (OESX) Reports Q3 Loss, Tops Revenue Estimates

MANITOWOC, Wis., Feb. 09, 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 reported results for its fiscal 2023 third quarter ended December 31, 2022 (Q3'23). Orion will hold an investor call today at 10:00 a.m. ET (details below); online pre-registration required to receive the call dial-in information.

Orion Energy Systems Reports Q3 Revenue of $20.3M; Reiterates FY'24 Outlook for 30% Revenue Growth

Orion Energy Systems, Inc. (OESX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Orion Energy Systems, Inc. (OESX) to Report a Decline in Earnings: What to Look Out for

MANITOWOC, Wis. and LAWRENCE, Mass., Feb. 02, 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 its Voltrek subsidiary has secured a $1.5 million contract for the design and installation of EV charging infrastructure to support an EV School Bus Pilot program for a large municipal school district.

Voltrek to Design and Install EV Charging Infrastructure for an Electric School Bus Pilot Program

MANITOWOC, Wis., Feb. 01, 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 webcast and conference call to review its third quarter results on Thursday, February 9, 2023, at 10:00 a.m. ET / 9:00 a.m. CT – details below. Orion will release results prior to the market's opening the same morning.

LED Lighting and EV Charging Solutions Provider Orion Hosts Q3 Call Thurs., Feb. 9th at 10am ET

Orion (OESX) announces preliminary fiscal Q3 results and revises fiscal 2023 view.

Orion (OESX) Preliminary Q3 Results Depict Delay, View Updated

MANITOWOC, Wis., Jan. 23, 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 preliminary results for its fiscal third quarter ended December 31, 2022 and updated its revenue outlook for the full fiscal year 2023 ending on March 31, 2023. Orion plans to report final Q3'23 results on Thursday, February 9th and to host an investor call that day at 10:00 a.m. ET; details of the call will be announced separately.

Orion Energy Systems Previews Preliminary FY 2023 Q3 Results, Updates FY 2023 Revenue Outlook and Provides Initial FY 2024 Revenue Growth Rate Expectation

MANITOWOC, Wis., Jan. 17, 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 addition of Ken Poole, a proven leader in sales strategy, project-based sales leadership and management, as Executive Vice President of Sales. Mr. Poole will report directly to CEO Michael Jenkins.

Orion Energy Systems Adds Sales Leader Ken Poole as EVP of Sales

MANITOWOC, Wis., Jan. 04, 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 increased the size of the board to six members and appointed Charles McDulin to its board of directors effective immediately.

Orion Adds Charles McDulin to Board of Directors

MANITOWOC, Wis., Dec. 14, 2022 (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 it has secured a $9.6M contract for the turnkey LED lighting retrofits of five Department of Defense (DoD) bases in Europe. Orion's turnkey retrofit solution includes site audits, engineering, project management, installation, system commissioning, and materials for more than 60,000 energy-efficient lighting fixtures.

Orion Energy Systems Secures $9.6M in Turnkey, Energy-Efficient LED Lighting Retrofit Projects for Five U.S. Department of Defense Facilities in Europe

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