MANITOWOC, Wis., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting and controls, electrical vehicle (EV) charging station solutions, and maintenance services, hosts conference call and webcast to review its fiscal 2025 second quarter (Q2'25) results on Wednesday, November 6, 2024 at 10:00 a.m. ET. Orion will release results prior to the market's opening that day. | --- | --- | |-------------------------|----------------- ...

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Collaboration and Regulatory Submission - Bayer, Orion's collaboration partner, submitted an application to the European Medicines Agency (EMA) for the use of darolutamide in combination with androgen deprivation therapy (ADT) for metastatic hormone-sensitive prostate cancer (mHSPC) [1] - The submission is based on positive results from the Phase III ARANOTE trial, which showed a 46% reduction in the risk of radiological progression or death compared to placebo plus ADT in mHSPC patients [1] Market Approvals and Global Reach - Darolutamide, marketed as Nubeqa™, is already approved for mHSPC in combination with ADT and docetaxel in over 80 markets worldwide [2] - The compound is also approved in more than 85 countries for non-metastatic castration-resistant prostate cancer (nmCRPC) in combination with ADT [2] Company Overview - Orion is a globally operating Finnish pharmaceutical company with a focus on oncology and pain therapy areas [3] - The company develops, manufactures, and markets human and veterinary pharmaceuticals, with a portfolio including proprietary and generic medicines and consumer health products [3] - Orion's net sales in 2023 amounted to EUR 1,190 million, and the company employed approximately 3,600 people at the end of the year [3]

I analyze oil and gas companies, related companies, and Orion Office REIT in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up he ...

LOS ANGELES and MANITOWOC, Wis., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging station, and maintenance service solutions, announced it will be presenting at the LD Micro Main Event XVII at the Luxe Sunset Boulevard Hotel, on Tuesday, October 29th at 8:30 a.m. PT / 11:30 a.m. ET. CEO Mike Jenkins and CFO Per Brodin will also be available throughout the day on Tuesday and Wednesday morn ...

HOUSTON, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) ("Orion", "Company"), a leading specialty construction company, today announced that it will issue its third quarter 2024 financial results after the close of the stock market on Wednesday, October 30, 2024. A conference call and audio webcast with analysts and investors will be held the next day, Thursday, October 31, at 9:00 a.m. Eastern Time/8:00 a.m. Central Time to discuss the results and answer questions. About Orion Gro ...

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Core Insights - Orion Energy Systems (OESX) has secured a five-year contract extension with a major retail client to supply all interior and exterior LED lighting fixtures for new store construction projects, expected to generate between $23 million and $30 million in total revenues and annual earnings of $4.5 million to $6 million [1][3]. Group 1: Contract Details - The new contract builds on a previous successful partnership where Orion completed a full LED retrofit across the client's existing stores, demonstrating the reliability and quality of Orion's products [2]. - Shipments for the new contract are set to begin in Orion's third-quarter fiscal 2025, aligning with the growing demand for energy-efficient lighting in commercial retail spaces and green building initiatives [3]. Group 2: Market Position and Expansion - The contract will enhance Orion's nationwide presence, as the company is already providing LED lighting maintenance to over 2,000 of the client's stores, showcasing a comprehensive approach to customer satisfaction [4]. - This deal not only strengthens Orion's financial position but also enhances its reputation as a trusted partner in the energy-efficient lighting sector [5]. Group 3: Financial Performance Context - Despite the positive contract news, Orion's shares have decreased by 4.6% over the past six months, contrasting with the industry's growth of 14.3%, primarily due to inflationary pressures affecting older contracts [7]. - In response to rising costs, Orion has increased pricing to better align profit margins with overall business performance [7].

MANITOWOC, Wis., Oct. 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 announced the signing of a 5-year contract extension with an existing major retail customer to supply all interior and exterior LED lighting fixtures for their expanding schedule of new store construction projects. Orion estimates the annual value of the contract to range b ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain Meta supremo Mark Zuckerberg unveiled Orion smart glasses, a new augmented reality (AR) prototype, at the annual Meta Connect developer conference. Ten years in the making, and still not expected on high streets until 2027, these will be a new way to meld the real and digital worlds. They will be ...