Orion Energy Systems (NASDAQ:OESX) Releases Earnings Results

Orion Energy Systems (NASDAQ:OESX) issued its quarterly earnings data on Thursday. The electronics maker reported ($0.39) earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.53), FiscalAI reports. Orion Energy Systems had a negative return on equity of 31.62% and a negative net margin of 5.62%.The firm had revenue of $25.72 million during the quarter, compared to analyst estimates of $24.08 million.

Here are the key takeaways from Orion Energy Systems’ conference call:

• Orion said fiscal 2026 was a turnaround year, with $86.3 million in revenue, positive adjusted EBITDA of $2.2 million for the full year, and its sixth consecutive quarter of positive adjusted EBITDA.
• The company guided fiscal 2027 revenue to $95 million-$97 million and said it expects to remain positive adjusted EBITDA for the full year, with management calling out potential upside from additional opportunities.
• Gross margin improved meaningfully in fiscal 2026 to 32.6% from 25.4% a year earlier, helped by better mix and cost discipline; management said a ~30% margin is a reasonable starting point for fiscal 2027.
• LED lighting revenue grew to $55.9 million for the year, and management said the stronger fourth-quarter performance should continue, supported by a larger project pipeline and increased distribution-channel activity.
• Orion highlighted growth catalysts including electrical contracting, battery energy storage, and a new data center lighting product, though management said data-center revenue is expected to ramp later in fiscal 2027 and beyond.

Orion Energy Systems Stock Up 0.4%

OESX stock opened at $9.16 on Friday. The company has a market cap of $37.10 million, a P/E ratio of -6.41 and a beta of 0.79. Orion Energy Systems has a 52 week low of $5.50 and a 52 week high of $18.64. The company’s 50-day moving average price is $9.43 and its 200 day moving average price is $12.67. The company has a current ratio of 1.35, a quick ratio of 0.95 and a debt-to-equity ratio of 0.76.

Institutional Trading of Orion Energy Systems

Institutional investors and hedge funds have recently modified their holdings of the business. Quadrature Capital Ltd acquired a new position in shares of Orion Energy Systems in the fourth quarter valued at approximately $202,000. NewEdge Advisors LLC acquired a new position in shares of Orion Energy Systems in the fourth quarter valued at approximately $232,000. Finally, Marshall Wace LLP acquired a new position in shares of Orion Energy Systems in the fourth quarter valued at approximately $706,000. Hedge funds and other institutional investors own 52.59% of the company’s stock.

Analyst Ratings Changes

OESX has been the subject of a number of recent research reports. Zacks Research downgraded shares of Orion Energy Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. Weiss Ratings lowered shares of Orion Energy Systems from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, May 14th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $17.50.

About Orion Energy Systems

Orion Energy Systems, Inc is a U.S.-based provider of energy-efficient lighting and building controls solutions. Founded in 1996 and headquartered in Manitowoc, Wisconsin, the company specializes in designing, manufacturing and deploying LED lighting fixtures and integrated energy management systems for commercial and industrial customers.

The company’s product portfolio includes a range of LED light fixtures, smart sensors, networked controls and cloud-based energy management software.