OESX news

Orion Energy Systems received a new multi-million dollar LED retrofit commitment from a major retailer, boosting FY27 revenue guidance to $100M-$102M. This underscores growing operational scale and contract value with a large national client.

Orion Energy Systems reported a 32% revenue increase and positive net income for Q1 FY27, driven by growth in LED lighting, EV charging, and maintenance services.

Orion announced preliminary FY26 results of $86M revenue and approximately $2M adjusted EBITDA, while reiterating FY27 guidance of $95-97M revenue with positive adjusted EBITDA. The company attributed growth to a $30M backlog, enterprise customer expansion, cost improvements, and new projects in bat…