Orion(OESX)
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Orion Announces Proposed Public Offering of Common Stock
Globenewswire· 2026-01-29 21:43
Core Viewpoint - Orion Energy Systems, Inc. has announced a public offering of its common stock to reduce outstanding credit obligations and for general corporate purposes [1] Group 1: Offering Details - The public offering is firmly underwritten and subject to market conditions, with no assurance on completion or terms [1] - Craig-Hallum Capital Group LLC is the sole bookrunning manager for the offering [2] - A shelf registration statement has been filed with the SEC, and the offering will be made via a prospectus supplement [3] Group 2: Company Overview - Orion specializes in energy-efficient solutions, including LED lighting, EV charging stations, and maintenance services [5] - The company focuses on turnkey solutions for large national customers and aims to help clients achieve business and environmental goals [5]
Orion to Host Q3 Investor Call Thursday, Feb. 5th at 10am ET
Globenewswire· 2026-01-22 13:28
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].
Orion(OESX) - 2026 Q3 - Quarterly Results
2026-02-05 12:00
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]
Major US Retailer Awards Orion with a $14M-$15M LED Exterior Lighting Project
Globenewswire· 2026-01-20 12:00
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]
Here's Why 'Trend' Investors Would Love Betting on Orion Energy Systems (OESX)
ZACKS· 2026-01-14 14:56
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].
Is Legence Corp. (LGN) Stock Outpacing Its Construction Peers This Year?
ZACKS· 2026-01-07 15:41
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 announces $3M LED lighting, infrastructure engagement
Yahoo Finance· 2026-01-06 13:42
Core Insights - Orion Energy Systems (OESX) has launched a $3 million initiative focused on LED lighting and electrical infrastructure for a major food-service distributor in the United States [1] - The project involves the deployment and upgrade of LED lighting and electrical systems across multiple facilities of the distributor, which operates over 150 locations nationwide [1] Company Summary - Orion Energy Systems is engaged in enhancing energy efficiency through LED lighting solutions [1] - The company has a longstanding relationship with the food-service distributor, indicating a stable partnership and potential for future projects [1] Industry Context - The initiative reflects a growing trend in the food-service industry towards energy-efficient solutions, which can lead to cost savings and sustainability improvements [1] - The deployment of LED lighting is part of a broader movement within various industries to upgrade electrical infrastructure for better energy management [1]
Orion Announces $3M LED Lighting and Electrical Infrastructure Initiative At One of America’s Largest Food Distribution Companies
Globenewswire· 2026-01-05 13:28
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].
Orion to Participate in Singular Research’s 19th Annual Best of the Uncovereds Conference on December 11, 2025
Globenewswire· 2025-12-08 13:30
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]
Orion to Participate in Singular Research's 19th Annual Best of the Uncovereds Conference on December 11, 2025
Globenewswire· 2025-12-08 13:30
Core Points - Orion Energy Systems, Inc. will participate in Singular Research's 19th Annual Best of the Uncovereds Conference on December 11, 2025 [1] - CEO Sally Washlow will present virtually and be available for one-on-one investor meetings during the event [2] Company Overview - Orion specializes in energy efficiency and clean tech solutions, including LED lighting, EV charging solutions, and 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 is committed to helping customers achieve business and environmental goals while reducing carbon footprints and enhancing business performance [3][4]