Orion Energy Sys Inc Stock Price, News & Analysis

Orion Energy Systems (NASDAQ: OESX) announced the expansion of its Voltrek division to the Southeastern United States with a new office in Jacksonville, FL. The expansion marks Voltrek's third regional presence in the U.S., complementing existing operations in Lawrence, MA (Northeast) and Manitowoc, WI (Midwest).

William B. Rigsby, former NovaCHARGE VP of Sales Operations, will head the Jacksonville office as Director of Inside Sales and Customer Service. The expansion comes amid the allocation of $5 billion in federal funds for EV charging infrastructure, with 84% still to be distributed at the state level.

Orion Energy Systems (NASDAQ: OESX), a provider of LED lighting, EV charging stations, and maintenance services solutions, has announced its participation in the Singular Research's Emerging Growth & Value Alpha Leaders Conference. The event will take place on September 10, 2025, at the AMA Executive Conference Center in New York City.

CEO Sally Washlow will present at 9:45 a.m. EDT and will be available for one-on-one meetings with investors throughout the conference. Interested parties can view the presentation through the Singular Research conference platform.

Orion Energy Systems (NASDAQ: OESX) has welcomed new federal guidance for the $5 billion National Electric Vehicle Infrastructure (NEVI) grant program. The company highlighted that the U.S. Department of Transportation and Federal Highway Administration's directive aligns with Orion/Voltrek's existing quality standards for EV charging infrastructure deployments.

The announcement is particularly significant as 84% of the $5 billion NEVI funding remains unallocated. Orion/Voltrek is currently executing notable projects, including the installation of 90 EV charging stations for the Boston Public School system, which aims to electrify its entire fleet of 750 school buses in the largest school-bus electrification initiative in the Northeast.

Orion Energy Systems (NASDAQ: OESX) announced two significant EV charging infrastructure projects in Massachusetts. The company is installing four High Power DC EV chargers for MassDOT at Barnstable and Plymouth service plazas, valued at $2 million.

Additionally, Orion's Voltrek division recently secured contracts for 90 EV charging stations with Boston Public Schools, worth $6.5 million, supporting the district's initiative to electrify 750 school buses. The company has announced $15.5 million in total contracts from five enterprise customers in the past three weeks.

Orion maintains its FY 2026 guidance of approximately $84 million in revenue and expects to approach or achieve positive adjusted EBITDA.

Orion Energy Systems (NASDAQ: OESX) has announced a 1-for-10 reverse stock split effective August 22, 2025. The split aims to boost the company's stock price to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share.

The reverse split will reduce outstanding shares from 35.2 million to approximately 3.5 million, with authorized shares decreasing from 200 million to 20 million. Shareholders' ownership percentages will remain unchanged, except for fractional shares which will be settled in cash. The company will continue trading under the symbol "OESX" with a new CUSIP number: 686275 207.

Orion Energy Systems (NASDAQ: OESX) reported Q1 FY2026 results with revenue of $19.6M, slightly down from $19.9M in Q1'25. The company achieved a significant milestone with 30.1% gross margin, the highest quarterly margin in six years, driven by pricing and cost improvements across all segments.

Notable achievements include positive adjusted EBITDA of $0.2M for the third consecutive quarter, improved net loss of $1.2M (vs $3.8M in Q1'25), and reduced operating expenses. The company secured new contracts worth up to $7.0M from automotive customers and maintains its FY2026 outlook of 5% revenue growth to approximately $84M.

Segment performance showed LED lighting revenue up 1% to $12.9M, maintenance services revenue increased 21% to $4.0M, while EV charging solutions revenue decreased to $2.7M from $3.8M year-over-year.

Orion Energy Systems (NASDAQ: OESX) has secured contracts worth $6.5 million to install 90 EV charging stations for Boston Public Schools. The company's Voltrek division is currently deploying 51 DC fast charging stations at the Freeport Bus Yard and Paris Street facility, featuring an innovative above-ground mounting system.

This installation is part of Boston Public Schools' ambitious plan to electrify 100% of its 750 school buses, representing the largest school-bus electrification initiative in the Northeastern United States. The project builds upon Voltrek's previous successful installations of charging infrastructure for 20 electric buses at Readville Bus Yard and 19 at Freeport Way Yard.

Orion Energy Systems (NASDAQ: OESX) has secured LED lighting and electrical infrastructure contracts worth up to $7 million for FY 2026 from three major automotive industry customers in North America, including two global leaders. The projects involve LED lighting deployments, upgrades, and managed services across multiple manufacturing and distribution facilities.

Under new CEO Sally Washlow's leadership, Orion projects FY 2026 revenue of approximately $84 million and expects to approach or achieve positive adjusted EBITDA. The company will discuss its expanding automotive market leadership and growing pipeline during its Q1 conference call on August 6, 2025.

Orion Energy Systems (NASDAQ: OESX), a provider of energy-efficient LED lighting, EV charging stations, and maintenance services solutions, has scheduled its fiscal 2026 first quarter earnings conference call for Wednesday, August 6, 2025, at 10:00 a.m. ET.

The company will release its Q1 FY2026 financial results before the market opens on the same day. Investors can participate in the live call by pre-registering through the provided URL, and a webcast will also be available for those who wish to listen to the presentation.