Core Viewpoint - Orion Energy Systems, Inc. will host a conference call and webcast to discuss its fiscal 2025 third quarter results on February 11, 2025, prior to market opening [1]. Group 1: Conference Call and Webcast Details - The conference call is scheduled for February 11, 2025, at 10:00 a.m. ET [2]. - Participants must pre-register to receive dial-in information [2]. - A replay of the webcast will be available after the live event [2]. Group 2: Company Overview - Orion Energy Systems specializes in energy-efficient solutions, including LED lighting, EV charging stations, and maintenance services [3]. - The company focuses on turnkey solutions for large national customers and collaborates with ESCO and distribution partners [3]. - Orion is committed to helping customers achieve business and environmental goals while reducing carbon footprints [3].

Revenue Performance - Total revenue for the three months ended September 30, 2024, was $19.361 million, a decrease of 6.0% compared to $20.586 million for the same period in 2023[80]. - Product revenue decreased by 20.7% to $12.367 million, while service revenue increased by 39.9% to $6.994 million, indicating a shift in revenue composition[80]. - The lighting segment revenue decreased by 20.1% to $10.840 million, primarily due to timing variability in larger projects and the completion of a Department of Defense project[83]. - The maintenance segment revenue increased by 4.5% to $3.796 million, driven by increased work orders from a major customer[84]. - The electric vehicle (EV) segment revenue increased by 39.8% to $4.725 million, attributed to higher revenue volume from municipalities[85]. - Product revenue decreased by 14.1%, or $4.1 million, to $25.1 million for the first six months of fiscal 2025 compared to the same period in fiscal 2024[87]. - Service revenue increased by 58.1%, or $5.2 million, to $14.1 million for the first six months of fiscal 2025 compared to the same period in fiscal 2024[87]. - Total revenue increased by 2.8% to $39.3 million for the first six months of fiscal 2025 compared to $38.2 million in the same period of fiscal 2024[87]. - The Electric Vehicle Charging Division revenue increased by 85.3%, or $3.9 million, to $8.6 million for the first six months of fiscal 2025 compared to the same period in fiscal 2024[92]. Profitability and Expenses - Gross profit for the three months ended September 30, 2024, was $4.472 million, a slight decrease of 2.1% from $4.569 million in the prior year[80]. - Gross profit increased by 13.3% to $8.8 million, with gross margin improving from 20.3% to 22.3%[87]. - General and administrative expenses decreased by 9.4% to $4.568 million, primarily due to a reduction in earn-out expenses related to Voltrek[81]. - General and administrative expenses decreased by 15.6%, or $1.7 million, to $9.1 million for the first six months of fiscal 2025 compared to the same period in fiscal 2024[88]. - Research and development expenses decreased by 14.1% to $0.328 million, reflecting cost management efforts[81]. - Research and development expenses decreased by 31.3%, or $0.3 million, to $0.6 million for the first six months of fiscal 2025 compared to the same period in fiscal 2024[89]. Net Loss and Operating Performance - The company reported a net loss of $3.625 million for the three months ended September 30, 2024, an improvement of 17.4% compared to a net loss of $4.388 million in the same period last year[80]. - The operating loss in the lighting segment improved by 34.7% to $1.281 million, reflecting a higher percentage of product revenue with better gross margins[83]. Cash Flow and Working Capital - Cash used in operating activities was $2.5 million for the first six months of fiscal 2025, a significant improvement from $11.3 million in the same period of fiscal 2024[94]. - The company had approximately $5.4 million in cash and cash equivalents as of September 30, 2024, an increase from $5.2 million at March 31, 2024[93]. - The company’s net working capital decreased to $13.1 million as of September 30, 2024, from $16.7 million as of March 31, 2024[97]. Backlog and Market Conditions - Backlog as of September 30, 2024, totaled $11.1 million, down from $22.0 million as of March 31, 2024, indicating a decrease of 49.5%[103]. - The company expects its backlog to be recognized as revenue within one year, excluding contracted maintenance services[103]. - The company’s exposure to market risk has not materially changed since March 31, 2024[108]. Financing and Credit Arrangements - The company executed Amendment No. 2 to the credit agreement, adding a $3.525 million mortgage loan facility secured by its office headquarters property[101]. - The maturity date of the Credit Facility was extended from December 29, 2025, to June 30, 2027[101]. - Quarterly installments of $88,125 are due starting October 1, 2024, as part of the new mortgage loan facility[101]. - There were no off-balance sheet arrangements reported by the company[104]. - The company has not made any material changes to its critical accounting policies since the last reporting period[105].

Orion Energy Systems, Inc. (NASDAQ:OESX) Q2 2025 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants Bill Jones - IR Mike Jenkins - CEO & Director Per Brodin - CFO Conference Call Participants Eric Stein - Craig Hallum Amit Dayal - H.C. Wainwright Bill Dezellem - Tieton Capital Management Gowshihan Sriharan - Singular Research Operator Good morning, everyone, and welcome to Orion Energy Systems Fiscal 2025 Second Quarter Conference Call. At this time, all participants are in a listen- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Wisconsin 01-33887 39-1847269 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.) Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, no par value OESX The Nasdaq Stock Market LLC FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 29, 2024 OR ...

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-33887 Orion Energy Systems, Inc. (Exact name of Registrant as specified in its charter) Wisconsin 39-1847269 (State or other jurisdiction of incorporation or organization) (I ...

Orion Energy Systems, Inc. (NASDAQ:OESX) Q1 2025 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Bill Jones - Investor Relations Mike Jenkins - Chief Executive Officer & Director Per Brodin - Chief Financial Officer Conference Call Participants Sameer Joshi - H.C. Wainwright Luke Persons - Craig Hallum Chris Sakai - Singular Research Bill Dezellem - Tieton Capital Management Operator Good morning, everyone, and welcome to Orion Energy Systems Fiscal 2025 First Quarter Conference Cal ...

Orion Energy Systems, Inc. (OESX) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.18 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 8.33%. A quarter ago, it was expected that this company would post a loss of $0.08 per share when it actually produced a loss of $0.01, delivering a surprise of 87.50%. Over the last four quarters, the company ...

MANITOWOC, Wisc., Aug. 07, 2024 (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 reported results for its fiscal 2025 first quarter (Q1'25) ended June 30, 2024. Orion will hold an investor call today at 10:00 a.m. ET – details below. Orion is maintaining its revenue growth outlook of 10-15% which is expected to be more weighted to the second half of fis ...

Orion's Q1'25 Revenue Rose 13% vs Q1'24 to $19.9M Driven by Strength in EV Charging Projects; Maintains FY 2025 Revenue Growth Target of 10-15% Manitowoc, WI – August 7, 2024 – 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 reported results for its fiscal 2025 first quarter (Q1'25) ended June 30, 2024. Orion will hold an investor call today at 10:00 a.m. ET – details be ...