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Orion Secures $25 Million LED Lighting Contract, Boosts Growth
ORNOrion (ORN) ZACKS·2024-10-08 17:13

Orion Energy Systems (OESX) , a leader in energy-efficient LED lighting, has just announced a significant contract extension with one of its major retail clients. The deal, lasting five years, will see Orion supplying all interior and exterior LED lighting fixtures for the customer's new store construction projects. The company estimates this contract will generate between 23millionand23 million and 30 million in total revenues, with annual earnings expected to range from 4.5millionto4.5 million to 6 million. Growth Driven by ...