Orion Energy Systems, Inc. - OESX STOCK NEWS

Orion Energy Systems (NASDAQ: OESX) has announced a new partnership with a major energy management service provider that serves over 6,500 customer locations nationwide. The collaboration is expected to generate $2-$5 million in annual revenue, with initial revenue anticipated in Q4 fiscal 2025 (ending March 31, 2025).

Under this partnership, Orion will provide facility lighting audits, lighting retrofit installations, and ongoing maintenance support. The company aims to improve energy efficiency and sustainability while enhancing lighting quality for the service provider's customer base. CEO Michael Jenkins emphasized the company's experience in delivering comprehensive lighting retrofit programs as a key factor in securing this partnership.

Orion Energy Systems (NASDAQ: OESX), a provider of LED lighting, EV charging stations, and maintenance services, has announced its participation in the Singular Research's Best of the Uncovereds Conference. The presentation is scheduled for December 12th at 8:30 AM PT at the San Francisco Marriott Marquis.

CEO Mike Jenkins and CFO Per Brodin will deliver an investment overview of the company and engage in a Q&A session. The event will be accessible both in-person and virtually, with management available for investor meetings throughout the day. Free webinar registration is available to all investors through the provided URL.

Orion Energy Systems (NASDAQ: OESX) has secured a major contract to provide LED lighting retrofit solutions for a North American Building Products distributor across over 400 locations. The project, valued at $12-18M with $1M expected for FY25, will begin in Q3 FY25 and continue for several years. The scope includes site visits, lighting audits, fixture manufacturing, project management, and installation of LED systems including high bays, strip fixtures, office troffers, and exterior lighting. The program aims to reduce energy usage and carbon footprint while enhancing lighting environment and safety at each location.

Orion Energy Systems (OESX) announces its participation in the Society of American Military Engineers (SAME) 2024 Federal Small Business Conference in New Orleans from November 20-22. The company will showcase its Buy American Act (BAA) and Build America Buy America (BABA)-compliant LED lighting solutions at booth #1443. CEO Michael Jenkins will attend alongside board member Heather Wishart-Smith, who will moderate an educational session on AI in government contracting. The event highlights Orion's focus on providing sustainable LED lighting and EV charging solutions for federal projects.

Orion Energy Systems (NASDAQ:OESX), a provider of LED lighting, EV charging stations, and maintenance services, announces its participation in the Virtual Investor Summit microcap conference on November 21st. The presentation, scheduled for 9:00-9:30am ET, will be led by CEO Mike Jenkins and CFO Per Brodin, who will also be available for one-on-one investor meetings throughout the day. The presentation will be accessible to all investors through a provided webcast link.

Orion Energy Systems reported Q2'25 results with total revenue of $19.4M, down from $20.6M in Q2'24. The quarter showed mixed performance across segments: EV charging revenue grew 40% to $4.7M, maintenance services revenue increased 5% to $3.8M with improved margins, while LED lighting revenue declined 20% to $10.8M due to project delays and completion of a major European retrofit. The company posted a net loss of ($3.6M) or ($0.11) per share, an improvement from ($4.4M) or ($0.14) per share in Q2'24. Orion maintains its FY'25 revenue growth outlook of approximately 10%, expecting stronger performance in the second half, particularly in Q4.

Orion Energy Systems (NASDAQ: OESX) announces its fiscal 2025 second quarter (Q2'25) earnings conference call and webcast scheduled for Wednesday, November 6, 2024, at 10:00 a.m. ET. The company will release its financial results before market opening on the same day.

Participants must pre-register for the live call, while a webcast replay will be available. Orion provides energy-efficient solutions including LED lighting and controls, EV charging solutions, and maintenance services, specializing in turnkey design-through-installation solutions for large national customers and projects through ESCO and distribution partners.

Orion Energy Systems (NASDAQ: OESX) announced preliminary Q2'25 revenue of $19.4M, down from $20.6M in Q2'24. First six months revenue reached $39.3M, up from $38.2M. EV charging solutions revenue grew 40% to $4.7M, while LED lighting revenue declined 20% to $10.8M due to project delays and completion of a major European retrofit. Maintenance services revenue increased 5% to $3.8M with improved gross profit margins. The company secured a new 5-Year, $25M contract for LED lighting fixtures with a major retailer. Orion revised its FY'25 revenue growth outlook to approximately 10% from previous 10-15%, ending Q2 with $5.4M in cash.

Orion Energy Systems, a provider of energy-efficient LED lighting, EV charging stations, and maintenance services, will be presenting at the LD Micro Main Event XVII on October 29th at 11:30 a.m. ET at the Luxe Sunset Boulevard Hotel in Los Angeles. CEO Mike Jenkins and CFO Per Brodin will lead the presentation, which will be open to all investors via a live stream.

The executives will review Orion's business and growth outlook, followed by a Q&A session. They will also be available for in-person investor meetings throughout Tuesday and Wednesday morning. Investors can register for the event and schedule meetings with Orion management by contacting registration@ldmicro.com.

The presentation can be accessed online at https://me24.sequireevents.com/ on Tuesday, October 29th at 8:30 a.m. PT.