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), a leader in energy-efficient LED lighting and EV charging solutions, will host a conference call and webcast to discuss its Q4 and FY 2024 financial results on Thursday, June 6, 2024, at 10:00 a.m. ET. Results will be published before the market opens that day.
Participants can access the webcast via the provided link or register for the live call to receive a dial-in number and unique PIN. The call is integral for understanding Orion's financial performance, strategic developments, and future outlook.
Orion Energy Systems (NASDAQ: OESX), a leader in energy-efficient LED lighting and EV charging stations, has previewed its fiscal 2024 fourth quarter and full-year results. The company reported a preliminary Q4'24 revenue of $26.4M, a 22% increase from Q4'23, and a full-year revenue of $90.6M, up 17% from FY 2023. LED lighting revenue increased to $16.3M in Q4'24, driven by projects like a U.S. Department of Defense initiative in Europe. EV charging solutions and maintenance services revenue also rose to $4.9M and $5.2M, respectively. Orion anticipates slightly positive adjusted EBITDA for Q4'24, a significant improvement from the negative adjusted EBITDA in Q4'23. Their fiscal 2024 results will be formally reported on June 6, 2024, with a conference call at 10:00 a.m. ET, following their Singular Research Webinar on May 22, 2024, at 3:00 p.m. ET.
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