Latest news with #OESX
Yahoo
4 days ago
- Business
- Yahoo
Orion Energy price target lowered to $1.50 from $2 at Craig-Hallum
Craig-Hallum lowered the firm's price target on Orion Energy (OESX) to $1.50 from $2 and keeps a Buy rating on the shares. Orion Energy reported 'mixed' Q4 results and a tempered outlook for fiscal 2026, the analyst tells investors in a research note. Orion has a path to higher revenues in both LED lighting and EV charging as it works towards demonstrating the operating leverage in its model, the firm says. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on OESX: Disclaimer & DisclosureReport an Issue Orion Energy price target lowered to $2 from $3 at H.C. Wainwright Orion Energy Reports FY'25 Results and FY'26 Outlook Orion Energy reports Q4 EPS (9c) vs. 5c last year Orion Energy sees FY26 revenue up 5% to $84M from $79.7M in FY25 OESX Earnings Report this Week: Is It a Buy, Ahead of Earnings? Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
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Orion Energy Systems Inc (OESX) Q4 2025 Earnings Call Highlights: Navigating Challenges with ...
Q4 2025 Revenue: $20.9 million, up from $19.6 million in Q3 2025, but down from $26.4 million in Q4 2024. Fiscal 2025 Revenue: $79.7 million, compared to $90.6 million in fiscal 2024. EV Charging Revenue Growth: 18% in Q4 2025 and 37% for the full fiscal year 2025. EV Charging Gross Margin: Improved to 28.4% in FY25 from 27.9% in FY24. LED Lighting Revenue Decline: 33% in Q4 2025 and 22% for fiscal 2025 compared to prior year periods. LED Lighting Gross Margin: 28.4% in fiscal 2025, compared to 27.3% in fiscal 2024. Electrical Maintenance Revenue: $4.1 million in Q4 2025, down from $5.2 million in Q4 2024. Maintenance Services Gross Margin: Improved to 24.6% in fiscal 2025 from 15.6% in fiscal 2024. Overall Gross Profit Margin: Increased to 27.5% in Q4 2025 from 25.8% in fiscal 2024. Q4 2025 Net Loss: $2.9 million or $0.09 per share, compared to net income of $1.6 million or $0.05 per share in Q4 2024. Fiscal 2025 Net Loss: $11.8 million or $0.36 per share, compared to a net loss of $11.7 million or $0.36 per share in fiscal 2024. Operating Cash Flow: Positive $0.6 million in fiscal 2025, improved from negative $10.1 million in fiscal 2024. Revolver Borrowings: Reduced to $7 million at the end of fiscal 2025 from $10 million a year ago. Fiscal 2026 Revenue Outlook: Approximately $84 million, with modest growth in LED lighting and electrical maintenance revenues. Warning! GuruFocus has detected 2 Warning Signs with OESX. Release Date: June 26, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Orion Energy Systems Inc (NASDAQ:OESX) achieved 37% growth in revenue at its Voltrek Electric Vehicle Charging Station Solutions business. The company accomplished a substantial turnaround in the profitability of its Electrical Maintenance Business. Orion Energy Systems Inc (NASDAQ:OESX) has expanded its pipeline for LED lighting projects, enhancing future revenue visibility. The company reduced operating overheads by more than $4 million in FY25, with further reductions planned for FY26. Orion Energy Systems Inc (NASDAQ:OESX) achieved positive adjusted EBITDA in both Q3 and Q4, along with positive operating cash flow for the full fiscal 2025 year. Lighting segment revenue remained challenged in FY25, with a 33% decline in Q4 and a 22% decline for the fiscal year. The company reported a net loss of $2.9 million in Q4 25, compared to net income of $1.6 million in Q4 24. Fiscal 25 revenue decreased to $79.7 million from $90.6 million in fiscal 24, reflecting reduced major project activity. Orion Energy Systems Inc (NASDAQ:OESX) anticipates flat to slightly lower EV charging revenues in fiscal 26 due to uncertainty around project funding. The company experienced a $3.5 million year-over-year increase in Voltrek earnout expense, impacting fiscal 25 operating expenses. Q: Can you provide insights into the order trends and their consistency throughout the quarter? A: Sally Washlow, CEO, noted that the year started strong with orders, particularly in April, and continued to progress in May and June. The reduction in noise at the federal level has helped, and they expect this trend to continue. Per Brodin, CFO, added that some orders are actualizations of past projects, now reflecting in the pipeline. Q: What assumptions are behind the flat to down outlook for the EV charging business in fiscal '26? A: Sally Washlow explained that they are taking a conservative approach due to uncertainties in the macro environment. Despite a strong pipeline, the noise at the federal level has impacted some projects. They continue to focus on capturing market share and progressing on several projects. Q: Are you being overly cautious with the EV outlook given the strong Q4 revenue? A: Per Brodin stated that while they have a strong pipeline, they are cautious due to potential impacts from federal funding issues. One significant project was canceled, but they believe utility and state funding will support their conservative objectives. Q: What is the thought process behind settling earnout obligations with stock at current prices? A: Per Brodin explained that the agreement was to mitigate near-term liquidity impacts, combining shares, cash, and a subordinated note to satisfy obligations satisfactorily for both parties. Q: Can you elaborate on the impact of federal government rule changes on your business? A: Sally Washlow mentioned minimal impact from federal changes on the EV segment, with one project canceled. The lighting segment remains strong with ongoing projects in various government sectors. Per Brodin added that utility and state funding drive much of their business, less affected by federal changes. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
06-05-2025
- Business
- Yahoo
Orion Highlights Demand for its Energy Efficient Lighting Fixtures and Buy American Act Compliant LED Lighting at LightFair 2025 May 6-8 (Booth 1811)
Orion has also commenced work on LED retrofits as well as new construction LED lighting projects for over 20 facilities for a US Government Agency. Total revenue potential is over $3M with most to be completed in Orion's current fiscal year. Orion has commenced LED lighting and electrical infrastructure improvement projects in 3 U.S. Government Agency facilities. The 3 projects are expected to exceed $4M in total revenue and to be completed in Orion's current fiscal year. U.S. Government Agencies Select Orion BAA Products and Electrical Services For 20+ Facilities Over Several Years Orion has proudly manufactured lighting products in the United States for over 26 years and offers a wide assortment of BAA-compliant LED lighting fixtures that we proudly manufacture in our Manitowoc, WI facility. A large multinational logistics company has commenced work on 10+ sites to date in US and Canada, with another 40-50 sites slated over the next two years. Total revenue potential is $4M-$5M. ESCO Partners Select Orion's Industry Leading Energy-Efficient LED Lighting Several of Orion's ESCO partners have recently selected Orion products for their customers' multi-site energy efficient LED retrofit lighting projects, including over 450 facilities throughout North America over the next several years. Orion delivers some of the highest quality and most energy-efficient LED lighting products available on the marketplace, enabling its ESCO partners to deliver a compelling ROI to their end customers. Orion's quality products, customer service and short lead times help its partners achieve success with their customers. Orion is showcasing many of its US manufactured LED lighting products and highlighting its flexible supply chain and ability to meet customer needs at LightFair 2025 in Las Vegas, today, Tuesday, May 6 th through Thursday, May 8th (Booth #1811). LAS VEGAS and MANITOWOC, Wis., May 06, 2025 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) ( Orion Lighting ), a provider of energy-efficient LED lighting, electric vehicle charging station and maintenance services solutions, today disclosed recent solid traction for its LED lighting products through Energy Service Companies (ESCOs) as well as U.S. Government agencies selecting Orion's Buy American Act (BAA) Compliant LED lighting products. Story Continues Sally Washlow, CEO commented, 'Orion is well positioned with a diversified line of high-quality, energy efficient LED lighting solutions to meet a variety of customer needs. Our focus is on excellent design, industry leading energy efficiency and high-quality domestic manufacturing to deliver the most compelling customer experience and return on investment. 'We expect growth in key product SKUs in the current environment and are excited to highlight our high-quality lineup of US-manufactured products that are available with modest lead times and largely sheltered from the current tariff environment. As always, we remain committed to making products here in Wisconsin and proud of our ongoing commitment to quality and innovation.' About Orion Energy Systems ( Orion provides energy efficiency and clean tech solutions, including LED lighting and controls, electrical vehicle (EV) charging solutions, and maintenance services. Orion specializes in turnkey design-through-installation solutions for large national customers as well as projects through ESCO and distribution partners, with a commitment to helping customers achieve their business and environmental goals with healthy, safe and sustainable solutions that reduce their carbon footprint and enhance business performance. Orion is committed to operating responsibly throughout all areas of our organization. Learn more about our Sustainability and Governance priorities, goals and progress here or visit our website at Safe Harbor Statement Certain matters discussed in this press release, are 'forward-looking statements' intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements will include words such as 'anticipate,' 'believe,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'plan,' 'potential,' 'predict,' 'project,' 'should,' 'will,' 'would' or words of similar import. Similarly, statements that describe our future plans, objectives or goals, including business relationships with government customers, are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause results to differ materially from those expected including, but not limited to, the risks described in our filings with the Securities and Exchange Commission. Shareholders, potential investors and other readers are urged to consider risks and uncertainties carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, which are available at or at in the Investor Relations section of our Website. Except as required by applicable law, we assume no obligation to update any forward-looking statements publicly or to update the reasons why actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future. Engage with Us X: @OrionLighting and @OrionLightingIR StockTwits: @OESX_IR Investor Relations Contacts Per Brodin, CFO William Jones; David Collins Orion Energy Systems, Inc. Catalyst IR pbrodin@ (212) 924-9800 or OESX@
Yahoo
24-04-2025
- Business
- Yahoo
Orion's USA Manufactured LED Lighting Fixtures Will Be Showcased at LightFair in Las Vegas May 6-8
MANITOWOC, Wis., April 24, 2025 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (Nasdaq: OESX) (Orion Lighting), a provider of energy-efficient LED lighting and controls, electric vehicle (EV) charging station solutions, and electrical maintenance services announced today it will showcase its high quality, USA manufactured LED lighting products at LightFair 2025 in Las Vegas, May 6-8 (Booth #1811). Orion will also host an informal investor gathering at LightFair on Tuesday, May 6th (details below). Orion's USA manufactured LED lighting fixtures are some of the highest quality and best performing LED fixtures in the lighting industry. Orion stands in stark contrast to many other LED lighting companies who are increasing their pricing and lengthening their lead times for delivery. At Orion's booth #1811 we will be showcasing our full complement of lighting products which will highlight our flexible supply chain and ability to meet the needs of the market. 'We're excited to highlight our high-quality USA manufactured LED lighting products. With the current turmoil and increased volatility related to tariffs, Orion's industry leading USA manufactured LED lighting products are not impacted. We are committed to making products here in Wisconsin and proud of our ongoing commitment to quality and innovation,' stated Sally Washlow, CEO of Orion. Investor Gathering InformationFor investors attending LightFair, Orion's CEO Sally Washlow will host a brief informal gathering for investors on Tuesday, May 6th at 11:00 a.m. PT at Orion's booth #1811. The gathering provides an opportunity for investors and Orion's CEO to meet each other, to learn more about Orion, and to answer any questions. Investors interested in attending the investor gathering should RSVP in advance to Orion's Investor Relations team at OESX@ or call (212) 924-9800. About Orion Energy Systems ( provides energy efficiency and clean tech solutions including LED lighting and controls, electrical vehicle (EV) charging solutions and maintenance services. Orion specializes in turnkey design-through-installation solutions for large national customers, as well as projects through ESCO and distribution partners, with a commitment to helping customers achieve their business and environmental goals with healthy, safe and sustainable solutions that reduce their carbon footprint and enhance business performance. Orion is committed to operating responsibly throughout all areas of our organization. Learn more about our Sustainability and Governance priorities, goals and progress here or visit our website at Safe Harbor StatementCertain matters discussed in this press release, are 'forward-looking statements' intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements will include words such as 'anticipate,' 'believe,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'plan,' 'potential,' 'predict,' 'project,' 'should,' 'will,' 'would' or words of similar import. Similarly, statements that describe our future plans, objectives or goals, including business relationships with government customers, are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause results to differ materially from those expected including, but not limited to, the risks described in our filings with the Securities and Exchange Commission. Shareholders, potential investors and other readers are urged to consider risks and uncertainties carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, which are available at or at in the Investor Relations section of our Website. Except as required by applicable law, we assume no obligation to update any forward-looking statements publicly or to update the reasons why actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future. Twitter: @OrionLighting and @OrionLightingIRStockTwits: @Orion_IR Investor Relations Contacts Per Brodin, CFO William Jones; David Collins Orion Energy Systems, Inc. Catalyst IR pbrodin@ (212) 924-9800 or OESX@ Sign in to access your portfolio
Yahoo
14-04-2025
- Business
- Yahoo
LED Lighting and EV Charging Solutions Provider Orion Appoints Board Member Sally Washlow as CEO; Confirms FY'25 Revenue Guidance
MANITOWOC, Wis., April 14, 2025 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (Nasdaq: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today announced that Orion's Board of Directors has appointed Orion Board member Sally A. Washlow as the Company's Chief Executive Officer, replacing Michael H. Jenkins, who is leaving the company. Additionally, the Board promoted Orion EVP and President of Orion Services Group, Scott Green, to the role of Chief Operating Officer. Orion also announced that it expects revenue near the midpoint of its $77M - $83M revenue outlook range for fiscal year ending March 31, 2025. Anthony Otten, Orion's Board Chair, commented, 'We thank Mike for his leadership and many contributions to our Company the past two and half years. However, our Board believes that new leadership is necessary to better focus the Company on executing Orion's revenue growth and cost containment initiatives and returning Orion to consistent profitability. We believe Sally has the right skill set, experience and public company knowledge to lead Orion to achieve those objectives and to return our stock price to an acceptable level.' Ms. Washlow, who joined Orion's Board in 2022, is an accomplished executive leader with over 25 years of experience driving business growth, operational excellence, and financial success. With a proven track record of leadership across multiple industries, she has demonstrated expertise in strategic planning, operational transformation, and sales and marketing leadership. Ms. Washlow said, 'There is more work to be done, but I firmly believe Orion's future is bright, with long-standing, strong positions in our complementary LED lighting, EV charging station and electrical maintenance businesses. We have a solid foundation upon which to drive revenue growth, enhance profitability, and become a positive cash flow generating company.' Mr. Green has nearly thirty years of lighting industry experience. He joined Orion in 2013 with the acquisition of Harris Lighting where he served in senior leadership roles. As COO, Mr. Green will be primarily responsible for Orion's sales and project management functions. Ms. Washlow previously served as President of Nasdaq-traded Cobra Electronics and was named CEO following its transition to private equity ownership as Cedar Electronics, with total revenue over $200M. There she successfully led the company through a strategic transaction and the integration of the Cobra and Escort electronics businesses. Earlier in her career, Ms. Washlow held leadership roles at Motorola and LG Electronics, where she gained extensive experience in supply chain management, product marketing, and sales. Most recently, she has served as a Practice Leader for LHH's International Center for Executive Options, a boutique provider of executive advisory services. She has served on a variety of public and private boards and currently serves on the board of Data IO and Northbrook Bank & Trust a subsidiary of Wintrust Financial. Ms. Washlow earned a BA in Supply Chain Management from Michigan State University and a Master of Business Administration in Marketing from DePaul University. About Orion Energy Systems ( provides energy efficiency and clean tech solutions, including LED lighting and controls, electrical vehicle (EV) charging solutions, and maintenance services. Orion specializes in turnkey design-through-installation solutions for large national customers as well as projects through ESCO and distribution partners, with a commitment to helping customers achieve their business and environmental goals with healthy, safe and sustainable solutions that reduce their carbon footprint and enhance business performance. Orion is committed to operating responsibly throughout all areas of our organization. Learn more about our Sustainability and Governance priorities, goals and progress here or visit our website at Safe Harbor StatementCertain matters discussed in this press release, are 'forward-looking statements' intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements will include words such as 'anticipate,' 'believe,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'plan,' 'potential,' 'predict,' 'project,' 'should,' 'will,' 'would' or words of similar import. Similarly, statements that describe our future plans, objectives or goals, including business relationships with government customers, are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause results to differ materially from those expected including, but not limited to, the risks described in our filings with the Securities and Exchange Commission. Shareholders, potential investors and other readers are urged to consider risks and uncertainties carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, which are available at or at in the Investor Relations section of our Website. Except as required by applicable law, we assume no obligation to update any forward-looking statements publicly or to update the reasons why actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future. Twitter: @OrionLighting and @OrionLightingIRStockTwits: @Orion_LED_IROrion Energy Systems, Inc. Investor Relations Contacts Anthony Otten, Board Chair William Jones; David Collins Orion Energy Systems, Inc. Catalyst IR alotten@ (212) 924-9800 or OESX@
