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, Inc. (OESX) CEO Mike Altschaefl on Q1 2021 Results - Earnings Call Transcript

MANITOWOC, Wis., Aug.  05, 2020  (GLOBE NEWSWIRE) -- Orion Energy Systems , Inc. (NASDAQ: OESX) ( Orion Lighting ), is a provider of LED lighting systems and turnkey project implementation including installation and commissioning of fixtures, controls and IoT systems, ongoing system maintenance and program management, helping customers to digitize their business and reduce their carbon footprint. Today Orion reported results for its FY 2021 first quarter (Q1’21) ended June 30, 2020. Orion will hold an investor call today at 10:00 a.m. ET (9:00 a.m. CT) to review its results and outlook (call details below).

Orion Q1 Revenue Declined to $10.8M on COVID-19 Related Customer Delays; Resumption of New and Existing Large National Account Projects Provides Improved Outlook; Investor Call Today at 10am ET

MANITOWOC, Wis., July  28, 2020  (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) ( Orion Lighting ), a provider of LED lighting systems and turnkey project implementation, including installation and commissioning of fixtures, controls and IoT capabilities, ongoing system maintenance and program management, announced it will host a conference call / webcast to review its FY 2021 first quarter results and business outlook on Wednesday, August 5, 2020, at 10:00 a.m. ET. Orion plans to release its results premarket, the same morning.

LED Lighting, Controls and Turnkey Energy Project Solutions Provider Orion Hosts Q1 Investor Webcast/Call Wed. Aug. 5th at 10am ET

MANITOWOC, Wis., July  07, 2020  (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc.  (NASDAQ: OESX)  (﻿ Orion Lighting ), a provider of LED lighting systems and turnkey project implementation including installation and commissioning of fixtures, controls and IoT systems, ongoing system maintenance and program management, helping customers to digitize their business and reduce their carbon footprint, today announced it has been added as a member of the US small-cap Russell 2000® Index, effective June 29, as part of the 2020 Russell indexes reconstitution. Membership in the Russell 2000 Index, which remains in place for one year, is predicated on membership in the broad-market Russell 3000® Index. Orion was also automatically added to the appropriate growth and value indexes.

LED Lighting Systems and IoT Controls Provider Orion Energy is Added to Russell 2000® Index

MANITOWOC, Wis., June  18, 2020  (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) ( Orion  Lighting ), which enables business to digitize and reduce carbon footprint by providing innovative LED lighting systems and turnkey project implementation including installation and commissioning of fixtures, controls and IoT systems, ongoing system maintenance and program management, today announced the receipt of an approximate $3.1 million award related to the LED lighting retrofit of a U.S. government facility.

Orion Secures Initial $3.1M Award for U.S. Government Retrofit Project

Orion Energy Systems (OESX) reports disappointing results in fourth-quarter fiscal 2020 owing to COVID-19 impacts.

Orion Energy (OESX) Q4 Earnings Miss Estimates, Improve Y/Y

Orion Energy Systems, Inc. (OESX) CEO Mike Altschaefl on Q4 2020 Results - Earnings Call Transcript

Shares of Orion Energy Systems (NASDAQ:OESX) rose 2.2% in pre-market trading after the company reported Q4 results.

Recap: Orion Energy Systems Q4 Earnings

New product introductions, turnkey services and strong customer-centric approach are likely to help Orion Energy Systems (OESX) to post higher year-over-year fiscal fourth-quarter earnings.

Orion Energy (OESX) to Post Q4 Earnings: What's in Store?

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Orion Energy Systems Sees Hammer Chart Pattern: Time to Buy?

MANITOWOC, Wis., March  02, 2020  (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) ( Orion Lighting ), - a provider of LED lighting and turnkey energy project solutions, including controls and integrated IoT capabilities, announced today that it has filed a new universal shelf registration statement with the SEC to allow the company to potentially offer up to $100 million in debt securities, common stock, preferred stock, warrants and other securities or any combination of such securities. The new shelf registration statement will replace the company’s existing $75 million shelf registration statement, which expires on March 7, 2020.

Orion Replaces Expiring Shelf Registration with Filing of $100M Universal Shelf Registration Statement

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Orion Energy Systems Shares March Higher, Can It Continue?

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Orion Energy Systems, Inc. (OESX) CEO Michael Altschaefl on Q3 2020 Results - Earnings Call Transcript

Higher revenues resulting from major contribution from the national account segment and cost-saving initiatives are likely to get reflected on Orion Energy's (OESX) fiscal Q3 earnings.

Factors Likely to Shape Orion Energy's (OESX) Q3 Earnings

Shedding Light On Orion Energy Systems

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News for Orion Energy Systems Stock (OESX)