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.
Orion Energy Systems, Inc. reports news about energy-efficiency and clean-tech solutions for commercial, industrial, public-sector and large national customers. The company provides LED lighting and controls, EV charging stations and infrastructure through Orion/Voltrek, maintenance services, electrical contracting, and turnkey design-through-installation project work delivered directly and through ESCO and distribution partners.
Recurring updates include enterprise project awards, EV charging deployments, lighting product introductions, battery energy storage offerings, industry event participation, customer and partner activity, and management commentary on revenue growth and profitability. Coverage also reflects Orion's role as a licensed electrical contractor and its expansion of infrastructure services across customer facilities.
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.
Orion Energy Systems (NASDAQ: OESX) has announced equity inducement grants for its new Senior Vice President of Channel Sales, Michael Ontrop. The grants include 100,000 shares of restricted stock and a non-qualified stock option for 125,000 shares of common stock.
The restricted stock will vest in three equal annual installments over three years, subject to continued employment. The stock option's vesting is tied to share price performance targets of $3.00, $4.00, and $5.00 over a three-year period, with the exercise price to be determined based on the average closing price over 10 trading days before July 18, 2025.
Orion Energy Systems (NASDAQ: OESX) reported FY'25 results with revenue of $79.7M, down 12% from FY'24, but achieved improved gross margins of 25.4% (+230 bps). The company's EV charging segment grew 37% to $16.8M, while LED lighting revenue declined 22% to $47.7M.
For FY'26, Orion projects 5% revenue growth to approximately $84M and expects to approach positive adjusted EBITDA. The company secured new contracts with $100M-$200M potential revenue over five years and implemented cost reductions to lower its EBITDA breakeven point. Cash position improved to $6.0M, with reduced credit facility borrowings of $7.0M.
Orion Energy Systems (NASDAQ: OESX) is showcasing its energy-efficient LED lighting products at LightFair 2025 in Las Vegas, highlighting recent success with ESCO partners and U.S. government agencies. The company has secured several major projects, including:
Through ESCO partners:
- A national bank project across 400 sites ($2M-$3M potential revenue)
- Multinational logistics company project for 50-60 sites ($4M-$5M potential)
- Cabinet manufacturer project across 4-5 facilities ($1M+ potential)
- Farm and Ranch retailer project for 50+ locations ($1M+ estimated FY'26 revenue)
Government projects include LED lighting and electrical infrastructure improvements for 23+ U.S. facilities, with combined revenue potential exceeding $7M, mostly to be completed in the current fiscal year. Orion manufactures BAA-compliant LED lighting fixtures in Manitowoc, WI.
Orion Energy Systems (NASDAQ: OESX) will showcase its USA-manufactured LED lighting products at LightFair 2025 in Las Vegas from May 6-8 at Booth #1811. The company emphasizes its domestic manufacturing advantage amid industry challenges related to pricing and delivery lead times.
CEO Sally Washlow highlights that Orion's Wisconsin-manufactured LED lighting products remain unaffected by current tariff-related volatility. The company will display its complete lighting product line, demonstrating its flexible supply chain capabilities.
Additionally, Orion will host an informal investor gathering at their booth on May 6th at 11:00 a.m. PT, where CEO Sally Washlow will meet with investors and address questions. Interested investors should RSVP through Orion's IR team.
Orion Energy Systems (OESX) has appointed Board member Sally A. Washlow as CEO, replacing Michael H. Jenkins. The company also promoted Scott Green to Chief Operating Officer from his previous role as EVP and President of Orion Services Group.
The LED lighting and EV charging solutions provider expects revenue near the midpoint of its $77M - $83M outlook range for fiscal year ending March 31, 2025. The Board believes new leadership is necessary to better focus on revenue growth, cost containment, and returning to consistent profitability.
Washlow, who joined Orion's Board in 2022, brings over 25 years of experience, including her previous role as President of Cobra Electronics and CEO of Cedar Electronics. Green, with nearly thirty years of lighting industry experience, will oversee sales and project management functions as COO.
Orion Energy Systems (OESX) has begun implementing a $3 million turnkey LED lighting installation project for a federal government agency in the Southeastern United States. The project encompasses BAA-compliant LED lighting retrofit systems, electrical infrastructure upgrades, and project management services.
The installation is scheduled for completion in the first half of Orion's FY'26, with potential for expanded project scope. This initiative follows Orion's recent $9.6 million LED lighting retrofit project for the Department of Defense in Europe, building on their 20+ year relationship with federal entities.