Orion Energy Systems (NASDAQ:OESX) Announces Earnings Results

Orion Energy Systems (NASDAQ:OESX) announced its quarterly earnings results on Thursday. The electronics maker reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.22, FiscalAI reports. The firm had revenue of $21.09 million for the quarter, compared to analyst estimates of $20.81 million. Orion Energy Systems had a negative net margin of 5.62% and a negative return on equity of 31.95%.

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

• Orion raised its FY2026 guidance to $84–$86 million in revenue with positive Adjusted EBITDA and set FY2027 targets of $95–$97 million with positive Adjusted EBITDA, signaling management expects continued profitable growth.
• The company reported its fifth consecutive quarter of positive Adjusted EBITDA with Q3 revenue of $21.1 million, net income of $160,000 ($0.04/share), adjusted EBITDA of $761,000, and overall gross margin improvement to 30.9% year-over-year.
• Management highlighted significant project wins and backlog expansion, including a $14–$15 million exterior lighting project (mainly in H1 FY2027) and a $4 million Boston Public Schools EV charging installation, plus growing work in electrical infrastructure and localized battery storage.
• Orion raised approximately $6.4 million by issuing 500,000 shares to fund growth and pay down its revolver, leaving available liquidity of about $11.8 million (down from $13.0 million at year-end), a mixed signal on capitalization and dilution.

Orion Energy Systems Stock Up 5.9%

Shares of OESX traded up $0.78 on Friday, hitting $14.00. The company’s stock had a trading volume of 131,130 shares, compared to its average volume of 70,218. The firm’s fifty day moving average price is $16.34 and its 200-day moving average price is $11.51. Orion Energy Systems has a fifty-two week low of $5.50 and a fifty-two week high of $18.64. The company has a quick ratio of 0.90, a current ratio of 1.34 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $49.42 million, a price-to-earnings ratio of -9.79 and a beta of 0.54.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Zacks Research raised Orion Energy Systems from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 8th. Wall Street Zen raised shares of Orion Energy Systems to a “strong-buy” rating in a report on Saturday, December 6th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Orion Energy Systems in a report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $17.50.

Orion Energy Systems Company Profile

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.