MANITOWOC, Wis., Jan. 30, 2026 (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 the pricing of its previously announced firmly underwritten public offering of 500,000 shares of its common stock at a price to public of $14.00 per share. The gross proceeds to Orion from the offering are expected to be approximately $7.0 million, before deductin ...

MANITOWOC, Wis., Jan. 29, 2026 (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 the launch of a firmly underwritten public offering of shares of its common stock. Orion intends to use the net proceeds from the offering for reducing amounts outstanding under its existing credit agreement, with the remainder to be used for working capital and g ...

Core Viewpoint - Orion Energy Systems, Inc. will host a conference call and webcast to discuss its fiscal 2026 third quarter results on February 5, 2026, at 10:00 a.m. ET, with results being released prior to market opening on the same day [1]. Group 1: Conference Call and Webcast Details - The conference call is scheduled for Thursday, February 5, 2026, at 10:00 a.m. ET [2]. - Participants must pre-register to receive dial-in information through the provided registration link [2]. - A webcast and replay of the call will be available at a specified URL [2]. Group 2: Company Overview - Orion Energy Systems specializes in energy-efficient LED lighting, EV charging solutions, and electrical maintenance services [3]. - The company focuses on turnkey design-through-installation solutions for large national customers and projects through ESCO and distribution partners [3]. - Orion aims to help customers achieve their business, financial, and environmental goals with high-quality, innovative solutions and reliable customer service [3]. Group 3: Sustainability Commitment - Orion is dedicated to operating responsibly across all areas of its organization, emphasizing sustainability and governance priorities [4].

Revenue Outlook - Orion Energy Systems, Inc. announced expected quarterly revenue results for Q4 fiscal 2026, ending December 31, 2025[6] - The company provided an updated revenue outlook for fiscal 2026, indicating growth expectations[6] - Guidance for fiscal 2027 revenue was also included in the announcement, suggesting continued positive momentum[6]

Core Insights - Orion Energy Systems, Inc. has increased its FY 2026 revenue guidance to a range of $84 million to $86 million, up from a previous estimate of approximately $84 million, and anticipates positive net income in FY26 Q3 with expected revenue of around $21 million [3][4] - The company has secured a new large-scale LED exterior lighting project with a leading international retail chain, expected to generate approximately $14 million to $15 million in revenue, starting in FY26 Q4 [1][2] - Orion expects to achieve positive adjusted EBITDA on revenue between $95 million and $97 million in FY 2027, attributing growth to increased orders from enterprise customers and recent cost-structure improvements [4] Revenue and Contracts - The new LED exterior lighting project follows a three-year renewal of a major LED lighting maintenance contract with the same enterprise customer, valued between $42 million and $45 million, covering maintenance for over 2,000 stores [2] - The company has achieved positive adjusted EBITDA for five consecutive quarters and expects to maintain this trend for the full FY 2026 [3] Future Outlook - Orion's heightened expectations for growth and profitability are linked to increasing orders from enterprise customers and improvements in its cost structure [4] - The company is focused on expanding its scope of work with large enterprise customers, indicating potential for further revenue growth [3]

Core Viewpoint - The article emphasizes the importance of identifying and maintaining stock price trends for successful short-term investing, highlighting the use of a specific screening strategy to find stocks with strong fundamentals and positive momentum. Group 1: Stock Screening Strategy - The "Recent Price Strength" screen is designed to identify stocks with sufficient fundamental strength to sustain their recent upward trends, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullishness [3]. - Orion Energy Systems, Inc. (OESX) is highlighted as a candidate that passed the screening, showing a significant price increase of 76.7% over the past 12 weeks, reflecting investor confidence in its potential upside [4]. - OESX has also maintained a price increase of 13% over the last four weeks, indicating that the upward trend is still intact, and it is currently trading at 85% of its 52-week high-low range, suggesting a potential breakout [5]. Group 2: Fundamental Strength - OESX holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The Zacks Rank system has a strong historical performance, with Rank 1 stocks generating an average annual return of +25% since 1988, indicating the reliability of this ranking system [7]. - The Average Broker Recommendation for OESX is also 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Additional Insights - Besides OESX, there are other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting further investment opportunities for trend-focused investors [8]. - The article encourages investors to explore various Zacks Premium Screens tailored to different investing styles, which can help identify winning stock picks [8].

Group 1: Company Overview - Legence (LGN) is part of the Construction sector, which includes 93 individual stocks and currently holds a Zacks Sector Rank of 16, indicating its relative strength within the sector [2] - Legence has a Zacks Rank of 2 (Buy), reflecting a positive earnings outlook, with the consensus estimate for full-year earnings having increased by 28.1% over the past quarter [3] Group 2: Performance Analysis - Year-to-date, Legence has gained approximately 6.9%, outperforming the average gain of 5.5% for the Construction sector as a whole [4] - In comparison, another stock in the Construction sector, Orion Energy Systems, Inc. (OESX), has shown a year-to-date return of 16.4% [4] - Legence belongs to the Engineering - R and D Services industry, which has seen an average gain of 11.3% this year, indicating that LGN is slightly underperforming its industry [6] Group 3: Industry Context - The Engineering - R and D Services industry, which includes Legence, is currently ranked 109 in the Zacks Industry Rank [6] - In contrast, Orion Energy Systems, Inc. is part of the Building Products - Lighting industry, which has a higher rank of 23 and has moved up by 1.2% since the beginning of the year [7]

Orion Energy (OESX) Systems has initiated a $3M LED lighting and electrical infrastructure engagement for one of the leading food-service distributors in the United States. The initiative consists of deployments and upgrades of LED lighting and electrical infrastructure at multiple facilities of one of Orion’s longtime enterprise customers. The food-service distributor operates more than 150 facilities in the United States. Claim 70% Off TipRanks Premium Published first on TheFly – the ultimate source fo ...

Core Insights - Orion Energy Systems, Inc. has initiated a $3 million project focused on LED lighting and electrical infrastructure for a major food-service distributor in the U.S. [1][2] Group 1: Project Details - The initiative involves deploying and upgrading LED lighting and electrical infrastructure across multiple facilities of a long-term enterprise customer, which operates over 150 facilities in the U.S. [2] - The project highlights the ongoing relationship between Orion and its customer, showcasing the consistent demand for LED lighting and electrical upgrades in the food-service industry [3]. Group 2: Company Overview - Orion specializes in energy efficiency and clean technology solutions, including LED lighting, EV charging solutions, and maintenance services, focusing on large national customers [4]. - The company emphasizes its commitment to helping customers achieve business and environmental goals through sustainable solutions that reduce carbon footprints and enhance performance [4].

Core Insights - Orion Energy Systems, Inc. will participate in Singular Research's 19th Annual Best of the Uncovereds Conference on December 11, 2025, highlighting its focus on energy-efficient solutions [1] - CEO Sally Washlow will present virtually and engage in one-on-one investor meetings during the event, indicating the company's commitment to investor relations [2] Company Overview - Orion specializes in energy efficiency and clean tech solutions, including LED lighting, EV charging solutions, and maintenance services, aiming to help customers achieve business and environmental goals [3] - The company offers turnkey design-through-installation solutions for large national customers and collaborates with ESCO and distribution partners [3] - Orion is dedicated to sustainability and responsible operations across its organization, with a focus on reducing carbon footprints and enhancing business performance [4]