Welcome to our dedicated page for Orion Energy Sys news (Ticker: OESX), a resource for investors and traders seeking the latest updates and insights on Orion Energy Sys stock.
Company Overview
Orion Energy Systems Inc stands as a US-based pioneer in advanced energy efficiency solutions. The company is deeply involved in the development, manufacture, and sale of state-of-the-art LED lighting systems, comprehensive energy management controls, and integrated electrical vehicle (EV) charging solutions. Through its extensive portfolio, Orion transforms commercial and industrial facilities, ensuring that each installation meets high standards of optical excellence, thermal performance, and energy efficiency. Leveraging nearly 100 granted patents, Orion continues to deliver cutting-edge products that are designed to improve workspace safety, operational performance, and energy savings across multiple market sectors.
Core Business Segments
Orion divides its operations into three distinct segments:
- Lighting Segment: The primary revenue driver, this segment offers a broad range of LED lighting products. Designed for industrial, commercial, and agricultural applications as well as for exterior and controlled lighting environments, these products are engineered to deliver significant energy savings and enhanced lighting performance.
- Maintenance Segment: Focused on turnkey retrofit solutions, this segment provides comprehensive support including lighting audits, preventive maintenance, and project management. These services ensure long-term profitability through tailored maintenance programs and strategic resource allocation.
- Electric Vehicle Charging Segment: Under its Voltrek brand, Orion supplies EV charging solutions that complement its core offerings, capitalizing on the growing shift toward electric mobility and supporting large fleets through robust infrastructure installations.
Product Portfolio and Technological Innovation
At the heart of Orion’s success is its dedication to research and development, which is evident in its expansive patent portfolio focused on innovative LED lighting systems. The company’s products are meticulously engineered for exceptional optical and thermal performance, which translates into tangible financial, environmental, and operational benefits for its diverse customer base. With strategic investments in cutting-edge manufacturing processes and quality control, Orion ensures that its products meet stringent 'Made in USA' standards, which is a testament to its commitment to quality and local manufacturing excellence.
Market Position and Competitive Landscape
Orion Energy Systems Inc has firmly established itself within a competitive market landscape through its focus on integrated, turnkey design-through-installation solutions. Its comprehensive approach allows the company to serve large national accounts, government agencies, and public sector projects that demand high-performance energy saving technologies. Unlike generic providers, Orion’s ability to deliver complete solutions—from design and manufacturing to project management and maintenance—offers its customers an unmatched level of service and reliability. This differentiation is further bolstered by Orion’s focus on energy efficiency measures that are increasingly being mandated by state regulations, thereby creating vast retrofit opportunities in commercial and industrial segments.
Commitment to Excellence and Customer-Centric Services
Underpinned by a vibrant culture and strong core values, Orion Energy Systems Inc is driven by passion and commitment to help its customers achieve their business goals. Whether through the adoption of innovative LED retrofit projects or the deployment of EV charging solutions, the company is dedicated to enhancing energy efficiency, reducing operational costs, and providing safe, sustainable solutions across a range of industries. Orion’s emphasis on reliability and performance is reflected in its strategic relationships with ESCOs, electrical contractors, and large national partners, all of which work together to ensure that each project is executed with precision and care.
Industry-Specific Insights
Orion’s offerings embody the convergence of modern technology and high energy performance, with its products being synonymous with excellence in the LED lighting arena. Industry keywords such as LED lighting, energy efficient retrofit, and turnkey solutions are not just buzzwords; they form the foundation of Orion’s operations, ensuring that every commercial and industrial facility is optimized for energy savings and operational effectiveness. This approach is further validated by the company’s active engagement in projects that address current market trends, including significant retrofits driven by changing regulatory environments and the burgeoning demand for EV infrastructure.
Investors and industry analysts will appreciate the deep technical expertise showcased by Orion Energy Systems, which is characterized by a dedication to research, development, and the continual enhancement of product performance. Detailed engineering, rigorous quality control, and strategic allocation of resources have positioned Orion as a trusted partner for businesses looking to reimagine their energy consumption patterns and modernize their facilities for improved productivity and cost efficiency.
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.
Orion Energy Systems, Inc. (NASDAQ: OESX) has secured a 5-year contract extension with a major retail customer to supply LED lighting fixtures for new store construction projects. The contract's estimated annual value ranges from $4.5M to $6M, with a total potential value of $23M-$30M. Initial product shipments are expected to begin in Orion's fiscal 2025 third quarter.
This agreement builds upon Orion's previous work in executing a company-wide LED retrofit of the customer's retail store interior lighting systems. Additionally, Orion provides LED lighting preventative maintenance at approximately 2,000 locations nationwide for this customer.
Orion CEO Mike Jenkins expressed pride in being chosen to illuminate both interior and exterior areas of the customer's new stores over the next five years, emphasizing the long-term nature of their relationship.
Orion Energy Systems (NASDAQ: OESX) has secured LED lighting retrofit projects worth over $2 million from a leading U.S. automotive OEM. The projects involve project management, installation, and commissioning of LED lighting systems across multiple U.S. manufacturing facilities. These upgrades aim to enhance energy efficiency and support sustainability and workplace safety objectives.
The selection underscores Orion's 18-year relationship with the customer and its reputation for excellence in LED lighting system project management. CEO Michael Jenkins emphasized the customer's trust in Orion's technology and services. The projects are expected to be completed before March 31, 2025, with the first project already underway and the second scheduled to begin in Orion's fiscal Q3.
Orion Energy Systems (NASDAQ: OESX), a provider of energy-efficient LED lighting, EV charging stations, and maintenance services, is set to participate in the H.C. Wainwright 26th Annual Hybrid Global Investment Conference on September 9th and 10th in New York City. CEO Mike Jenkins and CFO Per Brodin will deliver a company overview presentation on September 9th at 3:30 p.m. ET and be available for investor meetings on both days.
The conference, hosted by full-service investment bank H.C. Wainwright & Co., , will showcase leading cleantech and growth companies from September 9th to 11th. Investors interested in meeting with Orion's management can contact their H.C. Wainwright representative or Lily Khaykina at lk@hcwco.com to schedule a meeting.
Orion Energy Systems (NASDAQ: OESX), a provider of LED lighting, EV charging stations, and maintenance services, is set to participate in the Sidoti Virtual Microcap Conference on August 14th, 2024. CEO Mike Jenkins and CFO Per Brodin will deliver a company overview presentation at 12:15pm ET and be available for virtual investor meetings throughout the day.
The presentation will offer insights into Orion's energy-efficient solutions and business strategies. Interested parties can register for free, regardless of Sidoti client status, via the provided link. This event presents an opportunity for investors to gain direct access to Orion's leadership and learn more about the company's position in the growing markets of LED lighting and EV charging infrastructure.
Orion Energy Systems (NASDAQ: OESX) reported Q1'25 results with revenue rising 13% to $19.9M, driven by strength in EV charging projects. Key highlights include:
- EV charging solutions revenue grew over 200% to $3.8M
- LED lighting revenue increased 1% to $12.8M
- Maintenance services revenue declined 11% to $3.3M
- Gross profit increased to $4.3M with a 21.6% margin
- Net loss improved to ($3.8M) or ($0.12) per share
The company maintains its FY 2025 revenue growth target of 10-15%, expecting continued momentum in EV charging and LED lighting segments. Orion's CEO, Mike Jenkins, emphasized the strong competitive position in EV infrastructure and ongoing opportunities in LED lighting retrofits.
Orion Energy Systems (NASDAQ: OESX), a provider of energy-efficient LED lighting, EV charging solutions, and maintenance services, has scheduled its fiscal 2025 first quarter (Q1'25) results conference call and webcast for Wednesday, August 7, 2024, at 10:00 a.m. ET. The company will release its results before the market opens on the same day.
Investors can access the call via toll-free dial-in at (800) 715-9871 or (646) 307-1963 using ID# 5328422. A webcast replay will be available at https://edge.media-server.com/mmc/p/r5d8p33v. Orion specializes in turnkey design-through-installation solutions for large national customers and projects through ESCO and distribution partners, focusing on helping clients achieve their business and environmental goals.
Orion Energy Systems (NASDAQ: OESX), a provider of LED lighting and EV charging solutions, is set to participate in the Noble Capital Markets' Virtual Equity Conference on June 26, 2024. CEO Mike Jenkins and CFO Per Brodin will present and take part in a fireside Q&A session at 12:30 p.m. ET. The management team will be available for virtual investor meetings throughout the day. The event will be accessible online, and a video webcast will be available for 90 days post-event on www.channelchek.com.
FAQ
What is the current stock price of Orion Energy Sys (OESX)?
What is the market cap of Orion Energy Sys (OESX)?
What is Orion Energy Systems Inc's primary business focus?
How does Orion generate its revenue?
Which markets and sectors does Orion serve?
What distinguishes Orion's LED lighting technology?
How does the company implement turnkey solutions?
What role do EV charging solutions play in Orion's portfolio?
How does Orion ensure quality and reliability in its products?
What benefits do customers gain from Orion's energy efficiency solutions?
