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ORION ENERGY SYSTEMS (OESX)

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Earnings summaries and quarterly performance for ORION ENERGY SYSTEMS.

Recent press releases and 8-K filings for OESX.

Orion Energy Systems Reports Q3 2026 Results and Raises Fiscal Year Guidance
OESX
Earnings
Guidance Update
New Projects/Investments
  • Orion Energy Systems (OESX) reported Q3 2026 revenue of $21.1 million, net income of $160,000 or $0.04 per share, and positive Adjusted EBITDA of $761,000, marking its fifth consecutive quarter of positive Adjusted EBITDA.
  • The company raised its FY 2026 revenue outlook to a range of $84 million to $86 million with positive Adjusted EBITDA, and expects FY 2027 revenue between $95 million and $97 million also with positive Adjusted EBITDA.
  • Key drivers include an exterior lighting project valued between $14 million-$15 million and a $4 million installation of 105 EV charging stations for Boston Public Schools.
  • Operational improvements contributed to an increased overall gross profit margin of 30.9% and a decline in total operating expenses to $6.1 million in Q3 2026.
  • The company also raised approximately $6.4 million in net proceeds through the issuance of 500,000 shares of common stock.
2 days ago
Orion Energy Systems Reports Q3 2026 Results and Raises Fiscal Year 2026 and 2027 Outlook
OESX
Earnings
Guidance Update
New Projects/Investments
  • Orion Energy Systems reported Q3 2026 revenue of $21.1 million, a net income of $160,000, or $0.04 per share, and positive Adjusted EBITDA of $761,000, marking its fifth consecutive quarter of positive Adjusted EBITDA.
  • The company raised its FY 2026 revenue outlook to between $84 million and $86 million with expected positive Adjusted EBITDA, and anticipates FY 2027 revenue between $95 million and $97 million with continued positive Adjusted EBITDA.
  • Key business developments include an exterior lighting project valued at $14 million-$15 million and a $4 million installation of 105 EV charging stations for Boston Public Schools.
  • Total operating expenses declined to $6.1 million in Q3 2026 from $7 million in Q3 2025, reflecting ongoing cost reductions.
2 days ago
Orion Energy Systems Reports Strong Q3 2026 Results and Raises FY 2026 Guidance
OESX
Earnings
Guidance Update
New Projects/Investments
  • Orion Energy Systems reported Q3 2026 revenue of $21.1 million, net income of $160,000 or $0.04 per share, and Adjusted EBITDA of $761,000, marking its fifth consecutive quarter of positive Adjusted EBITDA.
  • The company raised its FY 2026 revenue outlook to between $84 million and $86 million with positive Adjusted EBITDA, and set FY 2027 revenue expectations between $95 million and $97 million with positive Adjusted EBITDA.
  • Total operating expenses declined to $6.1 million in Q3 2026 from $7 million in Q3 2025, contributing to an improved overall gross profit margin of 30.9%.
  • Significant new projects include an exterior lighting project valued at $14 million-$15 million starting in Q4 2026 and a $4 million EV charging station installation for Boston Public Schools, alongside the recent raising of $6.4 million in net proceeds from stock issuance.
2 days ago
Orion Energy Systems, Inc. Announces Q3 2026 Results and FY 2026/2027 Outlook
OESX
Earnings
Guidance Update
  • Orion Energy Systems, Inc. (OESX) reported Q3 2026 revenue of $21.1 million, an increase from $19.6 million in Q3 2025.
  • The company achieved positive operating income and a net income of $0.2 million (or $0.04 per diluted share) in Q3 2026, a significant improvement from a net loss of $(1.5) million (or $(0.46) per diluted share) in Q3 2025.
  • Adjusted EBITDA improved to $0.8 million in Q3 2026, marking its fifth consecutive quarter of positive adjusted EBITDA, compared to $0.0 million in Q3 2025. The gross profit percentage increased to 30.9% from 29.4% in Q3 2025, driven by pricing and cost improvements, while total operating expenses declined.
  • OESX reiterated its FY 2026 revenue outlook to a range of $84 million to $86 million and established a FY 2027 revenue outlook of $95 million to $97 million with positive adjusted EBITDA for the full year.
2 days ago
Orion Energy Systems Reports Q3 FY26 Financials and Business Overview
OESX
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
  • Orion Energy Systems reported Q3 FY26 revenue of $21.1 million, a gross margin of 30.9%, and Adjusted EBITDA of $0.8 million, marking a return to net income of $160 thousand for the quarter.
  • The company's business segments include LED lighting systems, maintenance and technical services, and EV charging systems, with the EV segment managing over 7,300 charging ports.
  • As of Q3 FY26, Orion's liquidity was $11.8 million.
  • Despite recent positive results, the company has experienced substantial net losses and negative cash flow over the past several years, and may require additional capital to fund operations and meet obligations.
2 days ago
Orion Energy Systems Reports Strong Q3 FY2026 Results and Raises FY2026/FY2027 Outlook
OESX
Earnings
Guidance Update
New Projects/Investments
  • Orion Energy Systems (OESX) reported Q3 FY2026 revenue of $21.1 million, an increase from $19.6 million in Q3 FY2025, with a gross profit percentage of 30.9%. The company achieved positive operating income and adjusted EBITDA of 3.6% for the quarter, marking its fifth consecutive quarter of positive adjusted EBITDA.
  • The company reiterated its increased FY 2026 revenue outlook to a range of $84 million to $86 million and established a FY 2027 revenue outlook of $95 million to $97 million with positive adjusted EBITDA for the full year.
  • Key business developments in Q3 FY2026 included a $14 million to $15 million contract for exterior lighting and a three-year maintenance renewal valued at $42 million to $45 million with its largest customer.
2 days ago
Orion Energy Systems Prices Public Offering of Common Stock
OESX
  • Orion Energy Systems (OESX) announced the pricing of a public offering of 500,000 shares of its common stock at $14.00 per share.
  • The offering is expected to generate approximately $7.0 million in gross proceeds.
  • Net proceeds are intended for reducing amounts outstanding under its existing credit agreement, with the remainder for working capital and general corporate purposes.
  • The offering is expected to close on or about February 2, 2026.
8 days ago
Orion Energy Systems Announces Public Offering of Common Stock
OESX
  • Orion Energy Systems, Inc. (OESX) announced on January 29, 2026, the launch of a firmly underwritten public offering of shares of its common stock.
  • The company intends to use the net proceeds from the offering primarily for reducing amounts outstanding under its existing credit agreement, with the remainder designated for working capital and general corporate purposes.
  • Craig-Hallum Capital Group LLC is acting as the sole bookrunning manager for the proposed offering.
  • The offering is subject to market conditions and other factors, and there is no assurance as to whether or when it may be completed, or its actual size or terms.
Jan 29, 2026, 9:43 PM
Orion Energy Systems Announces New Project Award and Increased Revenue Guidance
OESX
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
  • Orion Energy Systems, Inc. (OESX) has been awarded a new large-scale LED exterior lighting project by a major international retail chain, anticipated to generate approximately $14 million to $15 million in revenue, with the majority expected to be completed by July 2026.
  • The company increased its FY 2026 revenue outlook to a range of $84 million to $86 million, up from its previous outlook of approximately $84 million.
  • Preliminary unaudited FY26 Q3 results are expected to include approximately $21 million in revenue, with anticipated positive net income and positive adjusted EBITDA, marking the fifth consecutive quarter of positive adjusted EBITDA.
  • For FY 2027, Orion expects revenue between $95 million and $97 million with positive adjusted EBITDA.
Jan 20, 2026, 12:00 PM
Orion Energy Systems Secures New Project and Updates Financial Outlook
OESX
New Projects/Investments
Guidance Update
Revenue Acceleration/Inflection
  • Orion Energy Systems was awarded a new large-scale LED exterior lighting project expected to generate $14 million to $15 million in revenue, beginning in FY26 Q4.
  • This project follows a $42 million to $45 million three-year renewal of an LED lighting maintenance contract with the same customer, announced in October 2025.
  • The company increased its FY 2026 revenue outlook to a range of $84 million to $86 million and expects preliminary FY26 Q3 revenue to be approximately $21 million with anticipated positive net income and adjusted EBITDA.
  • Orion anticipates achieving positive adjusted EBITDA for the full FY 2026 and expects FY 2027 revenue to be between $95 million and $97 million with positive adjusted EBITDA.
Jan 20, 2026, 12:00 PM